Missing Diamonds
On May 17, 2010, Lazare Kaplan sued various Lloyd's of London syndicates and European insurers for $640 million in damages arising out of the disappearance of diamonds. The lawsuit alleges that the insurers breached two “all risk” New York property insurance policies. The company has been suspended from trading on the American Stock Exchange since September 2009 and has not filed quarterly or annual reports with the U.S. Securities and Exchange Commission (SEC) since early 2009.
Read more about this topic: Lazare Kaplan International
Famous quotes containing the words missing and/or diamonds:
“What war has always been is a puberty ceremony. It’s a very rough one, but you went away a boy and came back a man, maybe with an eye missing or whatever but godammit you were a man and people had to call you a man thereafter.”
—Kurt Vonnegut, Jr. (b. 1922)
“I always see those of whom I have heard well with a slight disappointment. They are so much better than the great herd, and yet the heavens are not shivered into diamonds over their heads.”
—Henry David Thoreau (1817–1862)