Smartsheet Inc v. Federal Insurance Company et al

  1. October 04, 2022

    Insurer, Smartsheet Settle In Securities Suit Coverage Dispute

    Enterprise software company Smartsheet and one of its insurers have settled a dispute over coverage for a series of actions alleging that an investor purchased shares at a reduced price before the company's initial public offering, leaving only a few excess insurers to fight in the case.

  2. August 08, 2022

    Insurers Must Face Smartsheet's Securities Coverage Bid

    Insurers for Smartsheet cannot duck its bid for coverage of underlying litigation alleging investors weren't told about its initial public offering when they sold their shares at a reduced price by claiming the litigation was related to an earlier claim, a Washington federal court said Monday.

  3. June 13, 2022

    Smartsheet Challenges Chubb's Bid To Limit D&O Coverage

    Smartsheet Inc. urged a Washington federal court to reject a Chubb unit's bid to partially toss its suit seeking coverage of actions related to investors selling shares at a reduced price before the company's initial public offering, arguing that the actions are not related to an earlier claim for coverage.

  4. May 03, 2022

    Insurer Asks Court To Trim Smartsheet Securities Suit

    A Chubb unit asked a Washington federal judge to toss part of Smartsheet Inc.'s suit seeking coverage for several actions related to investors selling their shares at a reduced price before the company's initial public offering, arguing they all relate back to a single claim made under one policy period.

  5. April 26, 2022

    Excess Insurer Dropped From Smartsheet Securities Dispute

    Smartsheet Inc. dismissed an excess insurer from its suit seeking coverage for a series of actions related to an investor's purchase of shares at a reduced price before the company's initial public offering, leaving a Chubb unit and several other excess insurers as parties in the case.

  6. March 16, 2022

    Smartsheet Says Insurers Must Cover Securities Dispute

    Smartsheet Inc. urged a Washington federal court to declare that a Chubb unit and a raft of other excess insurers have defense and indemnity obligations to the software company in a series of actions over an investor's purchase of shares cheaper than those offered less than a year later in Smartsheet's initial public offering.