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National Union Fire Insurance Company of Piittsburgh, PA v. Tyco Integrated Security, LLC
Case Number:
3:13-cv-00329
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 05, 2013
Security Co. Blasts Lilly Insurer's $80M Drug Theft Suit
A Tyco International Ltd. Co. subsidiary said Thursday that a lawsuit filed by National Union Fire Insurance Co. of Pittsburgh, Pa. that alleges Tyco's security system was to blame for an $80 million Eli Lilly & Co. pharmaceuticals theft must fail because the insurer is barred from suing.
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March 11, 2013
CORRECTED: Insurer Says Cracked Security System Led To $80M Lilly Theft
An insurer for Eli Lilly & Co. sued Tyco International Ltd. Co.'s security services unit in Connecticut federal court Monday, blaming a compromised security system for the 2010 theft of approximately $80 million in pharmaceuticals from Lilly's Connecticut distribution facility. (Correction: A previous version of this story incorrectly stated that Eli Lilly & Co. was a plaintiff in this case. The error has been corrected.)