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Synnex Corporation v. Axis Insurance Company
Case Number:
4:20-cv-07244
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December 08, 2023
Coverage Fight Over $14M Hardware Theft Dropped After Deal
A California federal court tossed a dispute between IT distribution company Synnex Corp. and Axis Insurance Co. over coverage for a nearly $14 million theft of computer hardware from Synnex's warehouse in Mexico City, after the parties told the court in October they reached a settlement.
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March 22, 2023
Co. Scores Partial Win In $13M Stolen Software Coverage Suit
A California federal court handed a partial win to a company in a $13 million coverage suit over stolen hardware and software from a warehouse in Mexico City, finding a guard who participated in the theft is covered under a leased employee provision in the company's crime policy.
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December 19, 2022
Guards Accused In $13M Theft Not Employees, Insurer Says
Security guards accused of participating in the theft of $13 million in computer hardware and software from a company's warehouse don't trigger coverage under a crime policy, the company's insurer told a California federal court, arguing that the guards don't fit the policy's definition of "employee."
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December 05, 2022
Co. Says Guard's Participation In Theft Triggers Coverage
A company that had $13 million in computer hardware and software stolen from one of its warehouses is covered under a crime policy, the company told a California federal court, saying an employee theft provision was triggered because guards at the warehouse participated in the theft.