Serving on a board of directors or as an officer in your company can be a rewarding experience, but it also comes with risks. Directors and officers are big targets, and they often face accusations of misconduct, which sometimes results in civil litigation or government investigations.
Whether you are facing legal action from a government agency, such as the Securities & Exchange Commission (SEC), or from a group of disgruntled employees, dealing with directors and officers liability issues is a difficult process than can distract you from your duties as a leader in your company. Whatever you are being accused of, Williams Hart can help build your case and increase your chances of success.
Accusations against directors and officers can take many forms, but most involve allegations of misusing the power that comes with the position. In many cases, this conduct can be difficult to prove, but successful legal action can result in costly civil and criminal penalties, so it is important to take these allegations seriously from the moment they arise. Here are the types of accusations against directors and officers we have found to be the most common:
Both of these offenses, if proven, can have serious consequences that can disrupt your life and your finances. If you are facing either of these accusations, seeking legal assistance quickly can decrease your chances of paying these penalties. The sooner you begin to build your case, the more likely it is you will be able to disprove the allegations or even settle the matter before it goes to court. In cases of government investigation, such as an insider trading investigation by the SEC, you may even be able to disprove the accusations before criminal charges are filed.
Fighting these claims can be a difficult process. On top of your professional obligations, you now have to deal with serious accusations of misconduct that could force you to pay hefty penalties. It is important to seek legal assistance as soon as possible and to have a lawyer on your side who knows how to properly defend against these allegations. The Houston business lawyers at Williams Hart have experience representing directors and officers in civil and criminal cases. We will work to build your case as quickly as possible and increase your chances of success in and out of court. If you have been accused of misconduct as a director or officer in your company, contact the Houston directors and officers liability lawyers at Williams Hart today by calling (713) 230-2200.