Learning Objectives
- Identify the general nature and purpose of corporations, and identify the functions served by directors and officers within corporations
- Identify the three key common law duties that directors and officers owe to corporations
- Identify the most important statutes (other than those pertaining to securities liability) that can subject directors and officers to claims
- Recognize the major sources of securities class action claims against directors and officers, including claims from financial restatements, IPOs, change-of-control situations, stock option backdating, and private equity operations
- Identify appropriate methods of controlling D&O losses that pertain to corporate governance, given relevant information
Designed For:
Property and casualty insurance agents, risk, safety, and finance professionals
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