TD Bank Says Excess Insurers Must Cover Rothstein Losses

By Emily Enfinger · August 23, 2023, 8:04 PM EDT

TD Bank said its excess insurers cannot escape coverage obligations for the bank's losses stemming from a $1.2 billion Ponzi scheme by disbarred attorney Scott W. Rothstein, telling a New Jersey...

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Case Information

Case Title

TD BANK, N.A. v. CONTINENTAL INSURANCE COMPANY OF NEW JERSEY et al

Case Number

1:23-cv-01951

Court

New Jersey

Nature of Suit

Insurance

Date Filed

April 06, 2023