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Uni-Pixel, Inc. v. XL Specialty Insurance Co.

Court: Tx 14-Houston  03/31/2020  Court of Appeals Denies Insureds' Appeal Based on Interrelated Claims Provision

The court found that a class action, a derivative shareholders lawsuit, an SEC investigation, Wells Notices and an SEC enforcement action were all interrelated claims that were not first made during the policy period at issue.

directors and officers liability insurance policy, shareholder derivative suit, Wells notices, duty to defend, claim, first made, related claims, interrelated claims, interrelated wrongful acts, reasonable interpretation, ambiguity

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