Insurance coverage for executives for COVID-19 claims

Insurance Law

By Michael J. Grant

Michael J. Grant is a partner at Tabet DiVito & Rothstein LLC.

Posted May 20, 2020 10:03 AM

Updated May 20, 2020 12:25 PM

Businesses are being sued for alleged misconduct arising from the COVID-19 crisis.Just a few weeks into the COVID-19 outbreak in the United States, two securities class actions were filed against Norwegian Cruise Lines and Inovio Pharmaceuticals alleging false statements regarding COVID-19 issues made in their public disclosures. (See Douglas v. Norwegian Cruise Lines, No. 1:20-cv-21107 (S.D. Fla.); McDermid v. Inovio Pharmaceuticals, No. 2:20-cv-01402 (E.D. Pa.).) These securities class actions are just the start of …

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