The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi scheme, court papers show. The papers, in which Willis denied …
Victims of R. Allen Stanford’s $7 billion Ponzi scheme can sue outside companies, including insurance broker Willis and law firms, alleged to have played a role in the fraud, the U.S. Supreme Court ruled, dealing a setback to the securities …
The U.S. Supreme Court last Friday agreed to hear four new cases, addressing matters as diverse as the reach of a law designed to combat chemical weapons, and whether lawyers could be sued for having once represented convicted swindler Allen …
