Media Coverage
Source: The D&O Diary
Media Coverage
01.16.13
As the current wave of bank failure litigation has unfolded, directors and officers of banking institutions rightly have become more concerned about their own potential liability exposures.
Joseph Lynyak, a partner in Pillsbury’s finance practice in Los Angeles and Washington, D.C., and Rodney Peck, a partner in Pillsbury’s corporate and securities practice in San Francisco and New York, take a look at the current environment facing these directors and officers in “How Officers and Directors of Financial Intermediaries Can Avoid Personal Liability in the Post-Dodd-Frank Market.” They provide some practical steps that these officials can take to mitigate their risks for alleged breaches of duty to manage and supervise a financial services company’s operations.