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derivative suit |
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And in early July, the company was named in a derivative suit filed in L. the court held a D&O policy did not provide coverage for an investor's securities fraud action and related shareholder's derivative suit for the corporation's failure to disclose of pollution activities; the D&O policy excluded loss "arising out of" actual discharge of pollutants. The briefing, entitled "Recent Developments in Shareholder Derivative Suits," is available to Advisen subscribers or prospects through their Advisen representative. |
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derivative suit