Mealey's ( January 6, 2025, 1:11 PM EST) -- ATLANTA — An 11th Circuit U.S. Court of Appeals panel denied an insured’s petition to reconsider its finding that an insurer has no duty to provide directors and officers liability coverage for investors' rescission demands against the insured because the claims were first made before the policy’s inception, standing by its ruling that agreed with a lower court’s judgment in favor of the insurer but vacated and remanded for the lower court to amend the judgment so it is based on a theory of exclusion and not recission....