Zurich to settle Converium class action for $30M


Zurich to settle Converium class action for $30M

NEW YORK?Zurich Financial Services Group said Monday it will pay $30 million to settle a federal class action lawsuit brought in 2004 related to its spinoff of Converium Holding A.G. Filed in New York on behalf of a group shareholders of Zug, Switzerland-based Converium, that suit alleged that...

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