Texas High Court Grants Insurers’ Petition To Review $220M SEC Fraud Coverage Suit

(June 21, 2023, 1:12 PM EDT) -- AUSTIN, Texas — The Texas Supreme Court granted insurers’ petition for writ of mandamus seeking reversal of a lower court’s denial of their motion for summary judgment in an insured’s lawsuit seeking directors and officers liability insurance coverage for an underlying $220 million securities class action settlement....