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Breitling Execs Can Tap Insurance To Fight $80M SEC Suit

By Dean Seal ( June 6, 2018, 7:51 PM EDT) -- A Texas federal judge ruled on Wednesday that three executives of Breitling Energy Corp. are entitled to use the company's insurance policy proceeds to pay for defense costs in fighting the U.S. Securities and Exchange Commission's $80 million fraud claims against them, despite protests from the company's court-appointed receiver....

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