4 ms·
The tort is "breach of fiduciary duty", and again, I'll ask you, do you know of ANY cases where a corporate officer has been found guilty of this tort when they
by portman 17y ago
The tort is "breach of fiduciary duty", and again, I'll ask you, do you know of ANY cases where a corporate officer has been found guilty of this tort when they took an action that was in the interest of humanity?
It is my understanding that breach of fiduciary duty is very difficult to prove and it is usually included along with several other claims (breach of contract, fraud, negligence, etc) when there is already wrongdoing.
This is why you don't see successful prosecutions when an officer donates company money to charity, for example.