Directors and officers owe a fiduciary duty to the corporation and, by extension, its shareholders. The duty of care requires directors and officers to act in as competent a manner as would reasonably prudent people in their positions. Officers and directors must make...
IN VERITAS – The BayneLaw Advantage
- Business Judgment Rule: Bad Decisions by Directors or Officers are not necessarily a Breach of Duty.
- Business Judgment Rule: Directors and Officers May be Held to a Fiduciary Duty of Care.
- Are Directors and Officers Protected from Liability When Acting for a Company?
- Presentation of a False Claims Act Case Must Include Allegations of Several Key Items, or Elements, of the Claim.
- Under the False Claims Act companies and individuals are prohibited from making false statements or declarations to any agency or arm of the United States