No EPL, D&O Coverage Owed For Shareholder Dispute, Federal Judge Rules

Mealey's (November 20, 2019, 9:54 AM EST) -- BALTIMORE — A federal judge in Maryland on Nov. 14 held that plaintiffs cannot recover under an insurance policy’s employment practices liability or directors and officers liability coverage for the underlying $725,000 settlement of a shareholder lawsuit (Madison Mechanical, Inc, et al. v. Twin City Fire Insurance Company, et al., No. 17-01357, D. Md., 2019 U.S. Dist. LEXIS 198092)....