Shelter Insurance sues over bonds purchased for Mamtek factory

Wednesday, March 21, 2012 | 9:51 p.m. CDT; updated 10:52 p.m. CDT, Wednesday, March 21, 2012

JEFFERSON CITY — Columbia-based Shelter Insurance has filed a $390 million lawsuit against a Memphis-based firm that it says failed to perform due diligence on a municipal bond offering for the failed Mamtek sweetener plant project in Moberly.

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