Directors & Officers Liability

Privately held companies are susceptible to the same types of liability as their public company counterparts. Potential exposures exist relating to strategic planning, decision making and managing day-to-day operations. Potential liability scenarios may involve the sale of the company or a subsidiary, reorganization, signs of financial weakness, or conflict of interest.

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LOSS SCENARIOS

• Unfair Competition/A Cashless Settlement
• Misrepresentation/A Costly Misrepresentation
• Breach of Fiduciary Duty, Fraud/After Six Years, A Lawsuit
• Misrepresentation/Director Buys Company, Then Sues It
• Misappropriation of Trade Secrets/Not a Fair Trade
• Misrepresentation/Omission Commission
• Breach of Duty of Care/Pressure-Packed Lawsuits
• Negligent Misrepresentation/Sale Gone Sour
• Breach of Duty of Care/Sold to the Highest Bidder
• Theft of Trade Secrets