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Expert Analysis

Settling A Securities Suit: 'Loss' Under D&O Policy?

Law360 (January 27, 2009, 12:00 AM EST) -- The insuring agreement in the typical directors and officers liability policy ("D&O policy") provides coverage for "loss" sustained by the policyholder in connection with any "claim" seeking damages for actual or alleged "wrongful acts," subject to the policy's terms and conditions....

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