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Join the Securities Litigation and Enforcement Group on LinkedInWho is an “Officer”? A Critical Inquiry for Indemnification and Insurance | The D&O Diary
Many companies provide advancement, indemnification and insurance benefits and protection for their officers and directors. However, it is not always clear who is an “officer” for purposes of claiming the benefits and protection. The long-running and high-profile saga of Sergey Aleynikov, the former Goldman Sachs computer programmer and company Vice President accused of stealing proprietary […]
To Encourage the Others?: Imposing Personal Liability for Corporate Fines on Individual Officers — The D & O Diary
Are corporate executives being held liable too frequently when they have done nothing themselves to deserve it?