This is one participation trophy you do not want.

Your clients are investors in a limited liability company (LLC) who come to you after being served with a lawsuit—stunned that their individual names appear among the several defendants. They are surprised because one of the benefits of investing in an LLC was the purported protections of the LLC veil. They come to you for advice, fearful that this lawsuit risks making their financial records discoverable to the crusading plaintiff’s attorney, who is looking for any source of additional leverage at the settlement table. Your clients ask you if you can have the case against them dismissed based upon the LLC veil.