Judge Dismisses Suit Seeking Coverage For Claims That Insured Stole Trade Secrets

Mealey's (March 20, 2018, 1:15 PM EDT) -- PHILADELPHIA — A Pennsylvania federal judge on March 15 granted a commercial general liability insurer’s motion to dismiss an insured’s declaratory judgment lawsuit seeking coverage for underlying claims that it stole a competitor's employees and trade secrets to develop and sell competing products, finding that the policy's libel and slander coverage provision was not triggered (TELA Bio, Inc., et al. v. Federal Insurance Company, No. 16-5585, E.D. Pa., 2018 U.S. Dist. LEXIS 43221)....