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September 10, 2020

RSUI Indemnity Company v. Tower Research Capital, LLC

Track this case

Case Number:

1:20-cv-07417

Court:

New York Southern

Nature of Suit:

Insurance

Judge:

Jed S. Rakoff

Firms

Companies

Sectors & Industries:

View recent docket activity

Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. September 11, 2020

    Insurer Says High-Speed Trader Not Covered For $68M Penalty

    RSUI Indemnity Co. told a New York federal court that it's not on the hook for Tower Research Capital LLC's $67.5 million in penalties for spoofed commodities orders, arguing the proprietary trading firm breached its insurance policy when it made a settlement offer to investors without the insurer's consent.

Parties

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