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Nvidia faces potential uninsured costs from shareholder lawsuits: FT
Detailed summary
Nvidia could fund some legal costs itself: its up-to-$900 million Side A policy excludes corporate Side B and Side C coverage.
Nvidia (NVDA) could face substantial legal expenses following Jensen Huang’s departure because its executive liability insurance does not protect the company’s balance sheet, the Financial Times reported, citing people familiar with the coverage.
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