• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Cohen Ziffer Frenchman & McKenna

Policyholders’ Heaviest Hitters | Attorneys | New York

  • Team
  • News/Insights
  • Services
  • About
  • Careers
  • Offices
  • Team
  • News/Insights
  • Services
  • About
  • Careers
  • Offices

Stay Connected

News/Insights

Print PDF Email

Law360 reports “AIG Must Cover Software Co.’s Deal In $6M Email Scam Suit”

January 31, 2020·News·less than a minute

U.S. District Judge Jed Rakoff has ruled that an AIG unit must cover investment software manager SS&C Technologies Holding Inc.’s settlement of litigation over its unwitting role in a $6 million email-based scam that significantly altered a client’s business. The ruling found that AIG Specialty Insurance Co. had breached the policy it issued to SS&C when it denied coverage for the software manager’s underlying settlement with Tillage Commodities Fund LLC. According to court papers, Tillage lost $5.9 million to Hong Kong-based hackers after SS&C approved transfers requested in emails that were doctored to appear as though they were sent by Tillage.

Read the full article here.

Primary Sidebar

Related People

  • Robin Cohen

© 2023 Cohen Ziffer Frenchman & McKenna
  • Privacy Policy
  • Disclaimer
  • Sitemap
  • Contact Us