Class Action lawsuits filed against PXRE Group

By David Marchant

18 years ago

Topics

Bermuda Fraud Insurance Investment Listed Securities

USA

[ 1 more... ] [ top 5 ]

Keywords

Bermuda Insurance Market Jeffrey Radke John Modin PXRE Group

Three shareholder class action lawsuits were filed against PXRE Group Ltd., one former officer, and one current one from May 3-10 at the U. S. District Court for the Southern District of New York.
The plaintiffs have accused PXRE, Jeffrey L. Radke, the firm’s President and CEO, and John M. Modin, who was its CFO until he resigned on January 6, 2006, of violating the Securities Exchange Act.

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