New Complaint Filed Against Meracord's Surety Companies
The Paynter Law Firm PLLC has filed a new complaint against Fidelity and Deposit Company of Maryland and Platte River Insurance Company, as Sureties for Meracord LLC. The new complaint was filed to correct the Court’s jurisdictional concerns. Additionally, the new complaint adds new class representatives from each state where a surety bond was issued on Meracord’s behalf and also requests that the Court certify a new class against the surety companies.
In the meantime, The Paynter Law Firm PLLC is in the process of finalizing a settlement agreement with Platte River Insurance Company. Once the settlement with Platte River is finalized, the action initiated by the new complaint will continue in regards to Fidelity and Deposit Company of Maryland.