Directors’ and Officers’ Liability

The past several years have shown us that corporate officers and directors can be convenient targets when it comes to shareholder grievances. They are also vulnerable to a variety of other types of complaints. We understand that most officers and directors never expect to be faced with legal challenges and will work closely with you to carefully guide you through the process.

Campbell Conroy & O’Neil, P.C. have the experience to represent corporate decision makers in complex litigation in all federal and state venues, including regulatory agencies. We work closely with inside counsel to defend the conduct of their corporations and their officials and to pursue damage claims on behalf of injured corporations. We also represent insurers on coverage issues arising under liability policies.

We represent corporate directors and officers in a wide variety of situations related to matters of corporate governance, and have handled numerous cases that involved claims for breach of fiduciary duty against them. Previously, a member of the firm’s D&O team successfully represented a client who was being investigated by the U.S. Attorney’s Office in the Northern District of Alabama for securities fraud, insider trading, and other claims. The case took several years, and included as defendants all members of the board as well as the auditors – KPMG. The class action was later settled for approximately $60 million, and the client was dismissed from the suit without being indicted. We have also handled cases involving insurers demanding recovery of fees for defending claims in which the officers and directors were convicted, and not innocent as they claimed.

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