( July 3, 2025, 12:53 PM EDT) -- WILMINGTON, Del. — A Delaware judge denied an insured’s motion for partial summary judgment in its breach of contract lawsuit seeking directors and officers liability coverage for the more than $26 million in costs that it incurred in connection with an underling settlement with the U.S. Securities and Exchange Commission, finding that a tolling request by the SEC is not a securities claim under the policy and, even if it was, the tolling request does not seek redress in response to any corporate act to trigger coverage....