(June 18, 2024, 2:16 PM EDT) -- NEW YORK — The Second Circuit U.S. Cout of Appeals on June 17 affirmed a lower federal court’s dismissal of an insured’s breach of contract and declaratory judgment lawsuit seeking directors and officers and private company liability insurance for an underlying shareholder dispute, finding that a policy exclusion barred coverage because each claim in the underlying lawsuit arose from an “actual or alleged contractual liability or obligation of” the insured or its officers under shareholder agreements....