Wealth and high community profiles make executives more vulnerable to lawsuits than other individuals. Typical claims against directors and officers include employment-related liability, such as discrimination, harassment and wrongful termination; mismanagement of assets; and failure to provide services.

State law or your corporate bylaws might require corporations to “indemnify,” or reimburse, directors and officers for personal liability that arises from their official duties… [255 word article, January/February 2012]