Fairfax Case Against Morgan Keegan, Exis Dismissed
This article is for subscribers only.
Broker-dealer Morgan Keegan & Co. and Exis Capital Management persuaded a judge to dismiss a $3.2 billion lawsuit by insurer Fairfax Financial Holdings Ltd. over what it said was a campaign of false negative information.
Superior Court Judge Donald Coburn threw out Fairfax’s commercial-disparagement lawsuit just before a trial was set to begin yesterday in Morristown, New Jersey.