BEAZLEY INS. CO., INC. v. ACE AMERICAN INS. CO.

15-cv-5119 (JSR).

197 F.Supp.3d 616 (2016)

BEAZLEY INSURANCE COMPANY, INC., Plaintiff, v. ACE AMERICAN INSURANCE COMPANY, ET AL., Defendants.

United States District Court, S.D. New York.

Signed July 12, 2016.


Attorney(s) appearing for the Case

Dustin H. Thai , Kevin Kieffer , Peter Lucier , Ryan C. Tuley , Troutman Sanders LLP, Irvine, CA, Matthew Joel Aaronson , Troutman Sanders LLP, New York, NY, for Beazley Insurance Company, Inc.

Daniel Wagner London , London Fischer LLP, New York, NY, for ACE American Insurance Company.

Alexander Seton Lorenzo , Alston & Bird, LLP, New York, NY, for Illinois National Insurance Company.


OPINION AND ORDER

This dispute between three insurers of NASDAQ arises from a class action suit (the "Facebook Class Action") that retail investors in Facebook brought against NASDAQ in the aftermath of Facebook's troubled initial public offering on the NASDAQ stock exchange. While plaintiff Beazley Insurance Company...

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