$31M Insurance Row Erupts Over Nasdaq's Facebook IPO Deal
Orange County partner Kevin Kieffer and New York partner Matt Aaronson were mentioned in a July 1 Law360 article about Beazley Insurance Co. Inc. “slapping” two rivals with a New York federal suit on June 30, seeking coverage of Nasdaq OMX Group Inc.’s $31 million settlement in an underlying investor class action over the handling of Facebook Inc.’s $16 billion initial public offering. Those two rivals are Ace American Insurance Co. and Illinois National Insurance Co.
Kevin and Matt are representing Beazley in the case.