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Damage Control

If you've got shareholders, you better get D and O liability insurance.
April 1, 2000
URL: http://www.entrepreneur.com/article/24938

Doing business is downright risky, as seasoned entrepreneurs well know. And sometimes, when business leaders take risks, they end up making mistakes that cost their company-as well as their stockholders and investors-substantial amounts of money. That's where directors and officers (D&O) liability insurance comes in: In the event those stockholders and investors decide to sue, the business owners may find themselves liable. David Ezra, an attorney with Berger, Kahn, Shafton, Moss, Figler, Simon & Gladstone in Irvine, California, answers why you need D&O coverage, and more:


Jacquelyn Lynn is Entrepreneur magazine's monthly "Your Business' and "First Steps" columnist.

Contact Source

Berger, Kahn, Shafton, Moss, Figler, Simon & Gladstone, 2 Park Plaza, #850, Irvine, CA 92614, (949) 474-1880