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Expert Analysis

Defining 'Securities Claims' In D&O Policies

Law360, New York ( February 12, 2016, 11:21 AM EST) -- Public company directors and officers insurance provides coverage for "securities claims." But whose securities must be involved in a claim in order for coverage to be triggered? Must the claim involve the securities of the corporate policyholder itself? Or can coverage be triggered by a claim involving mortgage-backed securities the corporate policyholder issued as part of its financial operations?...

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