Officers and directors of public companies face an increasing possibility that their decisions will be challenged legally. It's more important than ever that they understand their obligations and potential liabilities.
As the economy continues to falter due to the ongoing recession, officers and directors of public companies face the increasing possibility that their decisions will be challenged by investors, regulators and even criminal prosecutors. This increased scrutiny makes it more important than ever that directors understand their obligations and potential liabilities.
Public criticism of executive compensation packages has grown as the recession has continued. On a near-daily basis, headlines highlight stories of big-name companies assailed on all sides by resentful shareholders and their legal representatives. In addition to private litigation, the government is increasing its activity on this front.
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