No Cover For Insider Trading

Law360, New York (June 20, 2011, 12:45 PM EDT) -- Insider trading cases often hit the headlines, so it is logical to wonder whether or not these costly suits are covered by Directors & Officers ("D&O") insurance policies. In the past few years we have seen an abundance of examples of insider trading cases, some like Zvi Goffer, founder of Incremental Capital LLC, are currently on trial, while other such as Raj Rajaratnam, founder of the Galleon Group, and Jeff Skilling, former Enron Corporation President, have been found guilty.

Given the amount at stake in insider...
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