Insurers Say No Coverage For Actions Over Investment Advice

By Alexa Scherzinger · June 15, 2023, 1:37 PM EDT

Several insurers asked a California federal court to reject a securities broker's bid for coverage of more than 40 arbitration actions from the Financial Industry Regulatory Authority alleging bad investment advice,...

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Case Information

Case Title

Emerson Equity, LLC v. Forge Underwriting Limited et al

Case Number

4:22-cv-06037

Court

California Northern

Nature of Suit

Insurance

Date Filed

October 13, 2022