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FIRST INVESTORS CORP. v. LIBERTY MUT. INS. CO.

No. 95 Civ. 0681 (KTD).

955 F.Supp. 274 (1997)

FIRST INVESTORS CORPORATION, First Investors Management Company, Inc., First Investors Consolidated Corporation, First Investors Fund for Income, Inc., and First Investors High Yield Fund, Inc., Plaintiffs, v. LIBERTY MUTUAL INSURANCE COMPANY, Defendant.

United States District Court, S.D. New York.

February 28, 1997.

Attorney(s) appearing for the Case

Kirkpatrick & Lockhart L.L.P., New York City, (Eugene R. Licker, of counsel), for Plaintiffs.

Kirkpatrick & Lockhart L.L.P., Washington, D.C. (Matthew L. Jacobs, Valerie M. Baruch, of counsel), for Plaintiffs.

Wilson, Elser, Moskowitz, Edelman & Dicker, New York City, (Marshall T. Potashner, of counsel), for Defendant.

MEMORANDUM & ORDER

KEVIN THOMAS DUFFY, District Judge:

Plaintiffs (collectively, "First Investors") initiated this litigation seeking insurance coverage from Defendant ("Liberty Mutual") for various securities fraud claims asserted against First Investors regarding its sale of mutual funds and related products. Pending before this Court are three motions — First Investors' partial summary judgment motion on Liberty Mutual's duty to defend...

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