Drinker Biddle & Reath LLP, Philadelphia, PA ( David F. Abernethy of the New Jersey and Pennsylvania bars, admitted pro hac vice, of counsel), and New York City ( Marsha J. Indych of counsel), for The Travelers Indemnity Company, appellant.
In this insurance dispute arising out of the insured's monetary settlement of a Securities and Exchange Commission (SEC) proceeding and related private litigation predicated on the insured's violations of federal securities laws, we conclude that defendant...
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