5 ms·
The shareholders and investors can go after the executives for fraud. They're not protected in this case.
by bravo22 9y ago
The shareholders and investors can go after the executives for fraud. They're not protected in this case.
- pottersbasilisk 9y agoUntil corporate officers and shareholders are subject to lawsuits, Limited liability creates an entity that behaves pathologically - without regard to anyone/anything outside of itself. Theranos,Enron,Volkswagen scandals are just some of the way too many to count scandals that damage citizens.