Directors and Officers Litigation

LGWM is skilled in responding to claims of corporate director and officer liability in lawsuits initiated by shareholders and third parties. LGWM has successfully defended directors and officers against allegations of personal liability arising from a variety of circumstances, including fraud, breach of fiduciary duty claims, disputes arising from their corporate governance and decision-making and from violations of state and federal securities laws. Our lawyers handle all types of litigation arising out of the management of corporations including claims in state and federal court brought by shareholders, as well as claims brought by bankruptcy trustees seeking to recover money on behalf of creditors.

Cases of Note

  • Represented CEO and CFO in action brought by bankruptcy trustee to recover $75 million in connection with a chain of failed grocery stores..
  • Represented officers and directors of a large consulting corporation in a shareholder derivative action brought by minority shareholder regarding a failed acquisition.
  • Represented founding CEO of energy corporation in a case alleging violations of §12 and §15 of the Securities Act of 1933 and the Alabama Securities Act.