3 ms·
I assume the officers are liable as shareholders? And by the time this liability was pursued in court the SVB replacement should be working well enough to pay e
by anonymouskimmer 4y ago
I assume the officers are liable as shareholders? And by the time this liability was pursued in court the SVB replacement should be working well enough to pay everyone. Unless the regulatory agency can demand immediate payment from the accounts of the officers and directors.
- gsibble 4y agoOfficers are liable as managers basically. Same as directors. Similar to fiduciary duty.