Mealey's (January 26, 2023, 1:37 PM EST) -- CHICAGO — The Seventh Circuit U.S. Court of Appeals affirmed a lower federal court’s summary judgment ruling in favor of directors and officers liability insurers in a lawsuit seeking coverage for a $21 million settlement of lawsuits arising from the merger of two heavy equipment manufacturers, finding that the underlying securities lawsuits are “inadequate consideration” claims under the policies....