Mealey's ( July 15, 2026, 11:29 AM EDT) -- BALTIMORE — A federal judge in Maryland closed directors and officers liability insurers’ lawsuit seeking a declaration that they owe no coverage to Under Armour Inc. for underlying investigations by the U.S. Securities and Exchange Commission and the U.S. Department of Justice, shareholder demand letters and a securities class action after the Fourth Circuit U.S. Court of Appeals concluded that the insured’s public financial forecasts and accounting practices are a single claim not subject to the additional $90 million in coverage under the 2017–2018 insurance policies....