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The Collaborative Clearinghouse for Lawsuits and Other Claims Against ACE Group Insurance Companies

LSI CORPORATION v. ACE AMERICAN INSURANCE COMPANY et al

ATTENTION: It is possible that this information may no longer be current and therefore may be inaccurate. The index contains both open and closed cases and is not a complete list of cases in which an ACE Insurance Group company is involved. This information is provided to give interested persons an idea of the issues disputed in the indexed cases. For a full understanding of a case, one should read the rest of the court file, including the response. For the most up-to-date and complete information on a case, visit www.pacer.gov or contact the clerk of the relevant court.

Court Type: 
Federal

GENERAL ALLEGATIONS
1. At all times mentioned herein, plaintiff LSI CORPORATION (hereinafter "LSI"
or "Plaintiff') was an active corporation qualified to do business and doing business in Santa
Clara County, State of California. LSI was at all times relevant an insured under the policies
hereinafter referenced.
2. Plaintiff is informed and believes, and thereon alleges, that at all times
mentioned herein, defendants ACE AMERICAN INSURANCE COMPANY and ACE USA,
business entities of forms unknown, were, and are insurance companies doing business as
insurers in the State of California, and were, and are, corporations authorized to do
business and doing business under the laws of the State of California, and are members of,
related to, affiliated with, and/or subsidiaries of, defendant ACE USA. Plaintiff is informed
and believes and thereon alleges that defendants, and each of them, conduct business
including the business of selling insurance products, in the County of Santa Clara, State of
California, and that said defendants sold an insurance policy to LSI, as alleged hereinafter,
which was issued and delivered to LSI in the County of Santa Clara, State of California.
3. Plaintiff is ignorant of the true names and capacities of defendants sued herein
as Does 1 through 50, inclusive, and therefore sues these defendants by such fictitious
names. Plaintiff will amend this complaint to allege their true names and capacities when
they are ascertained. Plaintiff is informed and believes, and thereon alleges, that each of
the said fictitiously-named defendants is responsible and liable in some manner upon the
policy of insurance hereinafter alleged, and that plaintiff's damages as herein alleged were
proximately caused by the conduct of defendants, and/or any of them, and/or each of them.
4. Plaintiff is informed and believes, and thereon alleges, that at all times herein
mentioned, defendants, and each of them, were acting as the agents, servants, successors,
assigns, predecessors, principals, joint venturers, and/or employees of each other, and
were acting within the full course and scope of said relationship, and with the full
knowledge, consent and ratification, either expressed or implied, of each of the other said
named defendants.
5. The insurance policy forming the basis for this action was issued and/or
delivered to LSI in the County of Santa Clara, State of California, and was intended to
provide coverage for LSI and for the officers and directors of LSI and others qualifying as
insureds, for covered claims and losses, including but not limited to claims and losses
arising out of actions brought by shareholders alleging breaches of fiduciary duties, and
other wrongful acts, committed in the course of the business.

The provided text is an excerpt from a document filed in this case. For a full understanding of the case, one should read the complete court file, including the response.

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