Investment Bank Loses Coverage Bid In $30M Bad Advice Suit

By Daphne Zhang · March 18, 2022, 9:05 PM EDT

A New York federal court freed Aspen Specialty Insurance from having to cover Stout Risius Ross in a suit alleging the investment bank's bad valuation services made its client liable for...

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Case Information

Case Title

Stout Risius Ross, LLC v. Aspen Specialty Insurance Company

Case Number

1:21-cv-04412

Court

New York Southern

Nature of Suit

Insurance

Date Filed

May 17, 2021