Under Armour Moves To Dismiss Insurer’s Suit Disputing D&O Liability Coverage

Mealey's (January 24, 2023, 2:32 PM EST) -- BALTIMORE — Under Armour Inc. asked a federal court in Maryland to dismiss a directors and officers liability insurer’s lawsuit seeking a declaration that it owes no coverage for underlying investigations brought by the U.S. Securities and Exchange Commission and the U.S. Department of Justice, shareholder demand letters and a securities class action....