Monday, April 22, 2024 6:18:54 PM
insurance fraud, they wanted to get sued. why anyone want to sell those management liability insurance. because these lawsuits can go unlimited high and that is the problem where management intentionally does some investor fraud and wants get sued so go bankrupt.
as for the insurance companies, they are making big bucks in premiums as the people buying is the corporation not the individuals. essentially management is not personal liable for investor fraud or mismanagement.
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