Insurer Found Not Liable In Printer's Trade Secret Suit

Law360, New York (September 1, 2009, 5:28 PM EDT) -- A federal magistrate judge has cleared Continental Casualty Co. and Sentry Insurance from having any duty to defend or indemnify a printing company and its employee that were found liable for millions of dollars for misappropriating trade secrets from a competitor.

Magistrate Judge Nancy Johnson of the U.S. District Court for the Southern District of Texas on Friday granted summary judgment motions by the insurers, finding that they were not obligated to cover a California jury verdict against policyholder Consolidated Graphics Inc. — or CGX, its...
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