Judge Tosses D&O Insurer’s Suit Disputing Coverage For Fraudulent Inducement Claim

( January 13, 2025, 3:46 PM EST) -- CHICAGO — Three days after an insurer filed a notice seeking dismissal without prejudice of its lawsuit disputing coverage for underlying allegations that a seller and its venture capital sponsor defrauded buyers into purchasing the company SwervePay LLC, a federal judge in Illinois on Jan. 13 dismissed the action....