Jordan Feldstein
Roc Nation Wins $12M Insurance Claim Over Maroon 5 Manager’s Death
Feldstein died suddenly from a pulmonary embolism, with the Los Angeles Medical Examiner declaring his cause of death as natural. But HCC denied paying out Roc Nation’s claim and Roc Nation responded by suing in U.S. District Court Southern District of New York on Jan. 18, 2019, for wrongfully denying insurance coverage. HCC argued in court papers that Roc Nation was precluded from any recovery because the company failed to cooperate with HCC’s investigation of the claim — a contention that Roc Nation denied. HCC also argued that the policy language required the insurance payment be reduced by all future profits that could have been traceable to Feldstein’s services. To this, Roc Nation’s legal team argued that the policy’s plain language outlines that it was entitled to recoup...
