Technology Firm Appeals Ruling In Directors, Officers Liability Coverage Dispute

Mealey's (October 8, 2018, 1:31 PM EDT) -- NEW ORLEANS — A technology firm insured recently asked the Fifth Circuit U.S. Court of Appeals to reverse a lower federal court’s finding in favor of a insurer in a dispute over directors and officers liability coverage for underlying claims that the insured failed to pay overtime and improperly categorized employees as "exempt" under the Fair Labor Standards Act (FLSA) (ADI WorldLink LLC v. RSUI Indemnity Company, No. 17-41050, 5th Cir.)....