Publications

Key Issues Directors & Officers Insurance Should Address

November 5, 2007
New York Law Journal

A corporation announces that it will be restating its financial statements. An investment fund receives notice that it is under Securities and Exchange Commission (SEC) investigation related to late trading allegations. A privately held corporation files for bankruptcy amid allegations that its directors approved the sale of a subsidiary to insiders at a below-market sale price. Shareholders file a class action alleging that the directors of a corporation have breached their fiduciary duty and obtained illegal profits through the unauthorized issuance of stock options.