A mental health tech company has agreed to drop its suit against a
BrainTap Inc. and Zurich American Insurance Co. filed a stipulation of dismissal without prejudice in the US District Court for the District of Delaware on Tuesday.
- BrainTap sued Zurich in August, alleging the insurer breached its duty to defend the tech firm in a suit by shareholders.
- The underlying litigation against BrainTap and its founders alleges it misled investors regarding BrainTap’s intellectual property rights, misappropriated company funds, hired unqualified staff, and wrongfully terminated the company’s former ...