Verizon Covered For $95M Fraudulent Transfer Settlement

By Daniel Tay (October 26, 2022, 8:46 PM EDT) -- Verizon Communications Inc. is covered for a $95 million settlement in a fraudulent transfer suit by a bankruptcy trustee to claw back $2.3 billion in indirect payments, according to a Delaware Superior Court decision unsealed Wednesday that found the underlying suit was a covered securities claim....

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