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D&O Liability: Not Just for Public Companies

While the directors and officers of private corporations and nonprofits are less likely to face multi-million dollar lawsuits than those of publicly traded companies, they still have risk exposures. In fact, in a survey released recently by Advisen, 25 percent of D&O claims among private companies settled for $1 million or more. Could you protect your directors and officers from claims that large? [806 word article, November 2013]


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