Pharma Co. Can Get D&O Coverage For Securities Suit

By Jennifer Mandato (February 20, 2024, 7:02 PM EST) -- A pharmaceutical company that developed a drug for rare genetic blood disorders is covered under a recent directors and officers policy for a securities class action, a Delaware state court ruled, rejecting its insurers' contention that the action was related to an SEC subpoena and thus fell under an older policy. ...

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