Practices

Directors and Officers Liability

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Overview

A company’s success depends on the ability of its directors and officers to meet strategic goals while satisfying myriad stakeholders with diverse interests. When dissatisfied stakeholders raise claims of mismanagement against directors and officers, the stakes are high. A company can rise or fall depending upon the acts or omissions of its directors and officers. Carr Maloney is sensitive to, and appreciates, how a D&O lawsuit can significantly impact any company, organization or association. 

Carr Maloney attorneys defend all types of D&O claims at all levels of state and federal courts, in arbitration, and before the administrative agencies. Our attorneys regularly defend companies, organizations and associations across industries in matters involving:

  • Breach of Contract
  • Breach of Fiduciary Duty
  • Business/ Corporate Torts
  • Deceptive Trade Practices
  • Restraint of Trade/Antitrust
  • Shareholder Disputes
  • Usurpation of Corporate Opportunity

Businesses also face ever-changing statutory and regulatory requirements that expose a company and its directors and officers to liability for noncompliance. One prevalent area is the Sarbanes-Oxley Act, which obligates directors and officers, among others, to comply with many complex reporting, internal auditing, and risk management requirements. Under the same act, directors and officers are exposed to individual liability for retaliation against any employee who makes an internal or external complaint about the company’s practices.

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