Ace Told To Cover NASDAQ's Facebook IPO Defense Costs

By Emily Field · October 22, 2015, 4:16 PM EDT

A New York federal judge on Wednesday ordered Ace American Insurance Co. to defend Nasdaq and two of the exchange's executives in multidistrict litigation accusing Nasdaq of botching Facebook's $16 billion...

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Case Information

Case Title

Beazley Insurance Company, Inc. v. Ace American Insurance Company et al

Case Number

1:15-cv-05119

Court

New York Southern

Nature of Suit

Insurance

Date Filed

June 30, 2015