Burned Insurers Sue

Hume, Lynn
September 2004
Bond Buyer;9/16/2004, Vol. 349 Issue 31970, p1
Trade Publication
Reports on the lawsuit filed by Financial Security Assurance (FSA) Inc. against underwriter Stephens Inc. and engineering firm Hayes, James and Associates Inc. for fraudulent disclosures. Reliance of FSA on information given by Stephens; Claim of FSA that Stephens had mislead information; Ruling of the judge.


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