Shirli Fabbri Weiss is one of leading voices in the world on defensive securities litigation. On March 22, 2007 she faces Bill Lerach, Partner at Lerach Coughlin LLP in a point/counterpoint discussion on what shapes shareholder's litigation today. In this show, we want to further explore her perspective and thoughts on the subject. Who is driving the litigation strategy these days? Why and when do shareholders target individual directors or officers? Are some directors 'more liable' when they possess a special expertise? This is a show that any current and future director does not want to miss! Listen to her story today!
LISTEN: SEGMENT ONE
Have you all heard about Special Committee Investigation of Boards of Directors by now? In case you are not sure, Shirli explains what they are and how do they function. She also discusses the possible consequences of their findings, and the strengths and shortcomings of these findings? If you are a director, of thinking of become one, you want to listen to this show to hear some of the things you should be aware of and guard against?
LISTEN: SEGMENT TWO
You have been asked to be a director of a public company. You're flattered and wish to serve. What should you ask for and know, before you agree to serve? Do you need an indemnification agreement if the corporation is a Delaware Corp? What about insurance/ Side A insurance? What does tone at the top mean anyway? What's the risk of personal liability arising from regulators?
LISTEN: SEGMENT THREE
What drives shareholder litigation today? How is it different from 5 or 10 years ago? Are outside directors more vulnerable to personal liability?
LISTEN: SEGMENT FOUR
Shareholder derivative and shareholder class action cases. What's the difference and why should a director care?
