LexisNexis® Legal Newsroom
Judge: Money Laundering Exclusion Bars Coverage For Stanford Directors And Officers

HOUSTON -- (Mealey's) Insurers have proven that their policies' money laundering exclusion precludes coverage for directors and officers insureds' defense costs in underlying criminal and SEC litigation involving the alleged Stanford Ponzi scheme, a Texas federal judge held Oct. 13, granting...

Kevin M. LaCroix Takes Closer Look At Life Sciences Companies And Securities Litigation

In my year-end securities litigation survey , I noted that while a number of new trends emerged during 2010, one securities lawsuit filing trend had remained constant during the year - that is, life sciences companies remained a favored securities class action lawsuit target. The heightened exposure...