Judge Files Redacted Opinion Ruling For Under Armour In D&O Coverage Dispute

Mealey's ( April 17, 2024, 10:56 AM EDT) -- BALTIMORE — A federal judge in Maryland refiled an opinion with redactions granting Under Armour Inc.’s motion for judgment on the pleadings in its directors and officers liability insurers’ lawsuit seeking a declaration that they owe no coverage for underlying investigations brought by the U.S. Securities and Exchange Commission and the U.S. Department of Justice, shareholder demand letters and a securities class action....