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J.P. MORGAN v. VIGILANT INS.

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53 Misc.3d 694 (2016)

39 N.Y.S.3d 864

2016 NY Slip Op 26226

J.P. MORGAN SECURITIES INC. et al., Plaintiffs, v. VIGILANT INSURANCE COMPANY et al., Defendants.

Supreme Court, New York County.

Decided July 7, 2016.

Attorney(s) appearing for the Case

Proskauer Rose LLP ( Steven Obus of counsel) for plaintiffs.

DLA Piper LLC ( Joseph Finnerty of counsel) for Vigilant Insurance Company, defendant.

OPINION OF THE COURT

In this insurance coverage action, plaintiffs1 seek a declaration that their insurers are required to indemnify them for claims stemming from Bear Stearns' monetary settlement of Securities and Exchange Commission (SEC) and New York Stock Exchange (NYSE) regulatory...

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