Sheet Metal Workers Local 19 Pension Fund v. ProAssurance Corporation et al
Case Number:
2:20-cv-00856
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Beasley Allen
- Cavanagh & O'Hara
- Guin Stokes
- Robbins Geller
- Saxena White
- Simpson Thacher
- Starnes Davis
Companies
Sectors & Industries:
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January 19, 2024
Firms Net $9.2M Fee For ProAssurance Investor Settlement
Saxena White PA and Robbins Geller Rudman & Dowd LLP have been awarded roughly $9.2 million in attorney fees for their work in securing a $28 million deal resolving claims that healthcare liability insurance company ProAssurance Corp. and its directors harmed investors by issuing an insurance policy to a physician staffing firm they knew presented a large financial risk.
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June 23, 2023
ProAssurance Settles Investor Suit Over Disclosures For $28M
Alabama-based health care liability insurance company ProAssurance Corp. has agreed to pay $28 million to settle potential class claims that the company and its directors breached fiduciary duties by issuing an insurance policy to a physician staffing firm they knew presented a large financial risk, ultimately harming investors.
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June 06, 2023
ProAssurance Urges Chancery To Toss TeamHealth Complaint
A derivative lawsuit accusing ProAssurance Corp. directors of breaching their fiduciary duties by issuing an insurance policy to physician staffing firm TeamHealth in 2016 should be dismissed because shareholders haven't shown that the board was conflicted or did anything wrong, a company attorney told Delaware Chancery Court Tuesday.