If the directors are found of misconduct and falsifying financials then they may be subject to low suit. What i want to know is it fact that the directors have insurance cover of some kind, if so how much and that could be a source for employs and shareholders to sue and claim against. This is above and beyond any moneys that the company may or may not have.
Professional indemnity is one that comes to mind. Directors and officers liability insurance
FGE Price at posting:
91.5¢ Sentiment: Hold Disclosure: Held
