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if you think theres a clear line between your business and your personal assets think again every day with every decision company directors and officers put everything they have at risk because I know directors and officers liability claim even your personal assets may be fair game from the largest public company to the smallest local business claims against directors and officers are increasingly common one of every three companies has faced them over the past ten years and it doesnt matter a few stocks not traded on an exchange your directors and officers could be sued by suppliers customers employees competitors and even shareholders these cases can be costly not just in legal fees associated with civil and criminal proceedings but with settlements take the small electronics company that attracted Ford employees from a larger competitor the smaller firm soon began selling products similar to their rivals but at a lower price prompting the beggar business to sued a smaller firm and
