directors and officers liability insurance News

Kentucky Attorney General Sues Kroger, Alleging Role in Opioid Crisis

FRANKFORT, Ky. (AP) — Kentucky Attorney General Russell Coleman filed a lawsuit Monday against one of the nation’s largest grocery chains, claiming its pharmacies helped fuel the state’s deadly opioid addiction crisis. The lawsuit against the Kroger Co. says its …

Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team

JACKSONVILLE, Fla. (AP) — A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22 million from the franchise through its virtual credit card program between 2019 and 2023, according to a seven-page court filing. …

17 Florida Sheriff’s Deputies Charged with Stealing $500,000 in Pandemic Relief Funds

FORT LAUDERDALE, Fla. (AP) — Seventeen Florida sheriff`s deputies appeared in court on charges that they stole about half a million dollars in pandemic relief funds. The Broward County deputies, who are charged separately, are accused of a range of …

Delaware: Professional Services Exclusion Didn’t Bar False Claims Act Settlement

A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its management liability insurer, the Delaware …

Judge Tosses Fraud Against Exec in SC Nuclear Debacle, But New Case Could Follow

A judge has ordered criminal charges dropped against the final executive accused of lying about problems building two nuclear reactors in South Carolina that were abandoned without generating a watt of power. The judge tossed the charges Wednesday because ratepayers …

Parkland Deputy’s Acquittal Shows Florida Has No ‘Cowardice Under Fire’ Law

When Florida prosecutors charged former Deputy Scot Peterson for his alleged inaction during the 2018 Parkland school massacre, they faced a major hurdle: no law precisely fit. So it was not a surprise to legal observers that Peterson was acquitted …

Three Florida Men Charged with Insider Trading on Trump Media IPO

Three Florida men were arrested Thursday and charged with illegally making more than $22 million by insider trading ahead of the public announcement that an acquisition firm was going to take a media company owned by former President Donald Trump …

Georgia Shop Owner Who Paid Worker 91,500 Oily Pennies Ordered to Pay $40,000 More

The owner of an auto repair shop who paid a former employee with 91,500 oily pennies has been ordered by a judge to pay nearly 4 million more cents. A federal judge ruled that Miles Walker, who owns A OK …

DeSantis vs. Disney: New Governing Board Countersues Entertainment Giant

Days after Disney sued Florida’s governor in federal court for what it described as retaliation for opposing the state’s so-called “Don’t Say Gay” bill, Disney World’s governing board – made up of Gov. Ron DeSantis appointees – filed a lawsuit …

SE University VP Sentenced for Defrauding School in Website Design Project

A former Florida college administrator has been sentenced to one year and three months in federal prison for defrauding the school out of $155,000 during a website redesign project. Brian Carroll, 47, of New Market, Tennessee, was sentenced Monday in …