Click to Print

Damage Control

If you've got shareholders, you better get D and O liability insurance.
April 1, 2000

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