Quote:
Originally Posted by parkplace33
The theft caused Memory Lane to take out a $1.8 million loan to repay the cards’ owners and the loan racked up $125,900 in interest, according to the lawsuit.
It also caused the value of the cards to plummet and harmed Memory Lane’s reputation, according to the lawsuit.
I guess this answer the insurance claim question posted earlier in the thread.
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It also caused the value of the cards to plummet and harmed Memory Lane’s reputation, according to the lawsuit.
To me the value and reputation of Memory Lane's has not been harmed.