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Reinsurer Must Face Investors' Omission Suit, 3rd Circ. Says

By Lauren Berg ( August 20, 2025, 7:58 PM EDT) -- The Third Circuit Wednesday wiped out Maiden Holdings' summary judgment win over investors accusing the reinsurance company of misrepresenting its underwriting and risk management practices, saying the district court misapplied U.S. Supreme Court precedent regarding the materiality of withheld information....

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