Search
 

HCC Accused In Three Suits Of Backdating

HCC Insurance Holdings Inc. is defending three lawsuits, one a class action, in connection with its admission that executives in the company engaged in backdating stock options that led to restatement

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HCC Insurance Holdings Inc. is defending three lawsuits, one a class action, in connection with its admission that executives in the company engaged in backdating stock options that led to restatement of earnings.

The actions were all filed in Houston, where the specialty insurance carrier is based, at U.S. District Court Southern District of Texas. HCC had no comment on the litigation.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.