Viacom, 1 Insurer Stipulate To Dismissal In D&O Coverage Suit Over Merger

(September 20, 2023, 9:00 AM EDT) -- WILMINGTON, Del. — Viacom Inc. and XL Specialty Insurance Co. stipulated and agreed to dismiss with prejudice all claims against XL Specialty in Viacom’s lawsuit seeking directors and officers liability coverage for underlying claims that its directors, officers and controlling shareholders breached their fiduciary duties in connection with a 2019 merger with CBS Corp....