3 ms·

I'm not sure a company can be personally sued.

• cbd1984 11y ago
  > I'm not sure a company can be personally sued. Depending on what you mean by "personally sued", this is one of the main reasons limited liability corporations exist: So the shareholders aren't personally responsible for lawsuits the company gets involved in. This is where "corporate personhood" comes from, the idea that, in some limited circumstances, corporations can function as people to make legal proceedings possible. Suing a company to redress a grievance is feasible. The company has an office, assets, and so on. Trying to track down and sue everyone who has or had a financial stake in the company is not feasible, and if it were, companies would cease to exist because nobody could stomach the risk of all of their personal assets being up for grabs if a lawsuit doesn't go their way.