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$30 Million Fraud Allegations Against Former Lottery.com Execs
Inside This Article: Federal regulators are claiming that former Lottery.com Inc. executives misled investors by falsely inflating revenues, according to reports. The Securities and Exchange Commission lawsuit follows guilty pleas by two former executives reportedly involved in a fraudulent $30 million financing deal, Bloomberg Law reported. Directors & Officers (D&O) Insurance can respond to these types of allegations, though coverage may depend on…
Ask the Expert Q&A: Management Liability Insurance
Companies today face a multitude of workplace-related liabilities. Employment practices, financial decisions and even cybersecurity threats can expose them to potential risks. To learn more about Management Liability and the types of policies available to protect against these threats, we spoke with David Andreas, Senior Broker, Professional Liability, Burns & Wilcox, San Francisco, California. What are the greatest risks in…
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