Can an officer or director of a company be liable to the shareholders for actions taken on behalf of the company?


There are times the officers and directors may be personally liable for their actions taken on behalf of a company. Additionally, directors and officers owe specific duties of loyalty to the company. Breaches of these duties (some of which may be fiduciary duties) are actionable. Also, problems may arise when minority shareholders are treated unfairly. A common issue is when a director of a company “self deals” at the expense of the company. Contact Us for more information.


, ,

  1. No comments yet.
(will not be published)
Subscribe to comments feed
  1. No trackbacks yet.