Financial Advisers:  No Support For Insurer’s Aiding, Abetting Claims

Mealey's (March 18, 2020, 7:47 PM EDT) -- NEW YORK — Two financial advisers tell a New York federal court in a March 17 reply brief that Senior Health Insurance Company of Pennsylvania (SHIP) failed to establish and discovery has not shown that an alleged fraud scheme overvaluing a reinsurer’s investments was aided and abetted by them (In re Platinum-Beechwood Litigation, No. 18-6658, Senior Health Insurance Company of Pennsylvania v. Lincoln International LLC, et al., No. 19-07137, S.D. N.Y.)....