Securities Class Action Claims

Need Personal or Business Insurance?

Request A Quote



What does Securities Class Action Claims mean? Read on to discover the definition & meaning of the term Securities Class Action Claims - to help you better understand the language used in insurance policies.

Securities Class Action Claims

Securities Class Action Claims

Claims brought by a publicly held corporation's shareholders alleging that actions by the firm's directors and officers caused a loss in market value of the firm's shares. Coverage for such claims is available under directors and officers (D&O) liability insurance policies. To date, 16 securities class action claims have been settled for amounts in excess of $100 million.

More Insurance Terms And Definitions

The Merriam-Webster Dictionary defines insurance as:

a: The business of insuring persons or property.

b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

c: The sum for which something is insured.

We hope the you have a better understanding of the meaning of Securities Class Action Claims. If you are looking for the meanings of other important insurance terms and their definitions, just click on the letter below to find the words & concepts you are looking for:

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Want A Business or Personal Insurance Quote?

Request A Quote

Contact EK Insurance to discuss how much the insurance you want costs.