Virtu, Axis Near Settlement In $11M Hacking Coverage Fight

By Ganesh Setty (January 20, 2022, 7:40 PM EST) -- Virtu Financial Inc. has reached an agreement in principle with Axis Insurance Co. to settle its suit over a 2020 hacking incident that the financial services company said caused nearly $11 million in losses, the parties told a New York federal court....

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