Judge Rules $25K Payout Covers NJ Eatery's $1M Theft Claim

By Carla Baranauckas · November 24, 2025, 4:48 PM EST

A New Jersey federal judge Monday shot down a New Jersey restaurant's bid for a larger insurance payment to cover a former bookkeeper's $1.1 million embezzlement, finding the insurer had satisfied...

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Case Information

Case Title

RAYMOND'S RESTAURANT CORPORATION et al v. THE TRAVELERS INDEMNITY COMPANY OF CONNECTICUT et al

Case Number

2:24-cv-11189

Court

New Jersey

Nature of Suit

Insurance

Date Filed

December 16, 2024