Insurer Says It Must Defend Pot Co. Board In Investor Revolt
By Jack Queen ( October 28, 2019, 4:02 PM EDT) -- Scottsdale Insurance Co. has urged a California federal court to toss a suit by a group of cannabis investors who are seeking a declaration that the insurer doesn't have to defend the board of directors of Cultivation Technologies Inc. in a shareholder derivative suit because the board is illegitimate....
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