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3M Asks 8th Circ. To Reconsider Ponzi Loss Coverage

By Cara Salvatore ( June 14, 2017, 1:42 PM EDT) -- 3M asked the Eighth Circuit on Tuesday to reconsider a finding that its insurers needn't cover alleged Ponzi scheme investment losses, saying its $100 million worth of crime insurance coverage applied not just to "owned" money but to money for which 3M was legally responsible. . . .

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