Stirling Cooke's share price hit its highest level in several months following the decision of a New York judge to dismiss Odyssey Re's racketeering lawsuit against the company. Stirling Cooke's stock closed at $3.69 on February 29 - up by 47 per cent on the month. The major rise occurred after Judge Naomi Reice's decision on February 28 to dismiss Odyssey Re's lawsuit on the grounds that the United Kingdom was a more appropriate forum.
Articles Bermuda Fraud Insurance Listed Securities Stirling Cooke United Kingdom USAFebruary 29, 2000
Stirling Cooke lawsuit moved from New York to UK
24 years ago