Phillips Law is committed to representing corporate and nonprofit officers and directors in litigation. Increasingly, directors and officers are being held to a higher standard of professional performance. Accusations against board members and officers harm the individuals involved and the company. Reputations, careers, customers and profits are at risk in a liability lawsuit. The attorneys at Phillips Law are committed to representing clients dealing with claims involving negligence, misuse of funds, breach of fiduciary duty, and other accusations on the part of corporate and nonprofit directors and officers.
Claims against a corporate or nonprofit director or officer can take many forms. In a derivative action lawsuit, a shareholder may accuse the officers and directors of failing to act in the best interests of the company and its shareholders. Lawsuits against officers and directors can address many types of allegations — misuse of funds, failure to protect assets, failure to deal with dishonesty or criminal acts by employees of the corporation or nonprofit.
Any lawsuit against an officer or director—especially those involving fraud or mismanagement — are a distraction for the board and the entire company. It is important to deal with them effectively and quickly. Our lawyers have the knowledge and experience to effectively defend any director and officer claim.
Our attorneys handle the defense of officers and directors in state and federal courts. Our lawyers have achieved a remarkable level of success at trial and through dispositive motions defending corporate directors and officers.
These successes include:
- Summary judgment granted in favor former corporate president in clam brought by bankruptcy trustee for fraudulent transfer of corporate assets.
- Defense verdict in favor of corporate president in lawsuit by shareholders for misuse of corporate funds.
- Defense verdict in favor of corporate treasurer and president for claim of fraudulent transfer of corporate assets.
- Summary judgment granted in favor of corporate directors for breach of fiduciary duty claim brought by shareholders.