InvestorsHub Logo

gbad

08/06/18 5:40 PM

#16685 RE: TronCarter #16684

Your post sounds nice but here is a definition of what D&O covers....
Directors and officers liability Insurance is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well...…

Enough said

vCISO

08/06/18 8:26 PM

#16688 RE: TronCarter #16684

Intentional wrongdoing or harm.
Illegal acts.
General liabilities.
Employee injuries.

"""Employee lawsuits."""

Hmm?

CND

08/06/18 10:53 PM

#16689 RE: TronCarter #16684

I’m not claiming to know the facts of specific cases but Texas is a right to work state which means an employer can fire an employee for any reason except of course race, religion, etc. and in violation of a specific employment contract between company and a specific employee.