ATLANTA Popeyes Chicken & Biscuits parent AFC Enterprises Inc. has been awarded $20 million in a lawsuit filed by the company against its former insurance carrier, Executive Risk Indemnity Inc. The insurer had attempted to rescind a 2003 liability policy for AFC’s directors and officers. During early 2003, AFC had to restate its financial results for prior years, including 2001, when the company went public. After AFC’s stock price tanked, a class-action lawsuit was filed by ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com