The landscape of the corporate environment has seen a paradigm shift in the past several years. Corporate directors and officers feel that their decisions are being challenged, or second-guessed, more frequently than was the case only a few years ago.
We represent boards and directors and officers (D&O) in liability defense, internal investigations, government investigations and insurance coverage matters. Our experience includes, but is not limited to, the following:
- Breach of fiduciary duty
- Breach of contract
- Fraud actions
- Securities class action defense
- SEC investigations
- Shareholder derivative actions
- Bankruptcy trustee claims
- Stock exchange investigations
We also frequently represent committees of outside directors or other special committees, delivering independent advice in order to consummate a variety of special transactions involving management groups, major stockholders or other company affiliates. In one such case, Alford v. Shaw, 327 N.C. 526, 398 S.E.2d 445 (1990), we represented the special litigation committee in this case that established the standard pursuant to which derivative claims are reviewed and dismissed or settled under the corporate law of North Carolina.