Tulsa Law Firm, Insurance Defense and Commercial Litigation
Director’s and Officer’s Liability Defense
Directors and officers of publicly traded and privately held (including not–for–profit) entities face arange of legal exposures in connection with their fiduciary duties to both the entity and its shareholders and members. Defending directors and officers against charges of neglect is an important part of the firm’s practice. Directors can reduce their risk by performing their duties competently and honestly but, when accused of a breach of duty, even though they have done nothing wrong and have complied with the business judgment rule, they often find themselves in need of a defense.
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