Fredricks v. Markel CATCo Investment Management LTD et al
Case Number:
1:19-cv-10331
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Firms
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July 31, 2019
Markel Settles $77M Wrongful Firing Claims By 2 Execs
Markel Corp. has settled a pair of federal lawsuits in Massachusetts and New Hampshire by two executives who accused the company of improperly searching their phones and then blaming their firings on the two having a relationship, all to avoid paying them $77 million in bonuses, the company said in a regulatory filing Tuesday.
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February 21, 2019
Fired Markel Execs Hit Company With $77M Pair Of Suits
Markel Corp. fired two executives tied to its Bermuda reinsurance unit after improperly searching their phones and concocting an excuse blaming the dismissals on the two having a relationship, all to avoid paying them $77 million in bonuses, according to lawsuits filed Thursday in Massachusetts and New Hampshire federal courts.