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Page 21 - நியாயமற்றது வர்த்தகம் ப்ர்யாக்டிஸஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Erie Insurance Exchange sues for damages after 17 policyholders lost possessions in 2019 storage unit fire

Smolen | Gaul & Associates PITTSBURGH – An Erie insurance company is litigating on behalf of 17 of its policyholders who all lost personal property and possessions in a storage unit fire two years ago, claiming that the defendants’ negligence in failing to verify the operation of the unit’s sprinkler system led to the severity of the fire at issue. Erie Insurance Exchange (a/s/o Joseph and Susan Leader, William Dobransky, William Doyle, Shelley and Lon Farr, Linda Frank, Nathaniel Franskousky, Charles and Judith Hartman, Michael Kumnik, Michael Lieb, Anthony Mauro, Quinn Passarelli, Gary Ruhle, Mark Schmidt and Stephen Yarnot) of Erie filed suit in the Allegheny County Court of Common Pleas on April 9 versus OFFICExpress, LLC and SX Management, LLC (doing business as “STORExpress”) of Wexford, EKM Construction, Inc. of Burlington, N.C. and Approved Fire Protection, Inc. of Greenburg.

Regulator Sebi slaps Rs 25 crore fine on YES Bank in AT-1 bonds case

Markets regulator Sebi on Monday imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender s AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1 crore onVivek Kanwar, whowas the Managing Director of Yes Bank, Rs 50 lakh each onAshish Nasa and Jasjit Singh Banga, who werepart of the bank s private wealth management team at the time of violation. They need to pay the penalty within 45 days, Sebi said in its order. Yes Bank Ltd (YBL) and certain officialsdevised the devious scheme to dump the AT-1 (Additional Tier-1) bonds on their hapless customers , the regulator noted.

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