A shareholder lawsuit brought against American Physicians Capital Inc. and two of its officers alleging securities fraud violations on behalf of a proposed class of shareholders has been dismissed with prejudice, the company announced recently.
“I am very pleased with the ruling handed down yesterday and glad we can put this distraction behind us so we can devote 100 percent of our efforts to running our business,” said R. Kevin Clinton, president and CEO of the East Lansing, Mich.-based medical liability insurer.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD 
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris 
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says 
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance 
