Citing Prudential, Appellees Urge 3rd Circuit To Affirm Securities Row Dismissal

(July 2, 2024, 9:56 AM EDT) -- PHILADELPHIA — Arguing primarily that City of Warren Police and Fire Ret. Sys. v. Prudential Fin. is dispositive, a reinsurer and three former executives urge the Third Circuit U.S. Court of Appeals to uphold discovery and summary judgment rulings in a suit over allegations that they violated federal securities laws by omitting historical loss ratios from loss reserves disclosures....