Law360, Los Angeles (June 27, 2016, 2:58 PM EDT) -- With federal and state regulators ramping up enforcement efforts, corporate executives and boards of directors are facing more potential sources of liability than ever before, such as claims that they misled investors about securities offerings or misstated a company's financial condition.
Here, Law360 offers tips to get the most out of directors and officers coverage.
Negotiate Adequate Limits
The top priority for a corporation seeking D&O insurance is to find a policy with adequate limits of liability to cover any claims that may be leveled against the directors and officers of the firm, so it can avoid reaching into its own coffers...
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