The Delaware Court of Chancery has approved a more than $11 million insurer-funded settlement to resolve claims in Delaware and California for insider trading against the directors of online-gaming company Zynga Inc., after the state’s high court revived a shareholder derivative suit in 2016.

Chancellor Andre G. Bouchard on Jan. 18 approved the agreement, under which Zynga’s insurers will pay the San Francisco-based firm $12 million on behalf of the defendants. Zynga also agreed to pay $750,000, as a result of a coverage dispute with one of the insurers, according to court documents.

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