Changes at FTC May Increase D&O Exposure
Biden's FTC appointees have previously shown support for holding individual corporate leaders liable for company misconduct.
A new presidential administration always brings changes that impact a broad spectrum of industries. And the Biden Administration figures to be no exception.
There have been numerous thoughtful articles about how President Biden’s administration could reshape federal agencies’ priorities and impact various industries. One such article by my Wiley colleague Duane Pozza focuses on the FTC. Duane identified five areas that a Biden FTC is likely to prioritize. Duane’s whole article is interesting in its own right, but one point jumps out that will almost certainly impact the D&O insurance world — an increase in seeking individual liability for directors and officers.
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