Dismissal Of Fraud Counterclaim OK’d In Captive Insurance Trade Secrets Case

( December 16, 2025, 11:44 AM EST) -- PHOENIX — An Arizona federal judge approved a joint stipulation between an insurance brokerage firm and an ex-employee to dismiss without prejudice the employee’s counterclaim for fraud in which he alleged that the firm induced his continued employment through fictitious equity unit awards while concealing a forthcoming corporate acquisition that would render them worthless....