You’re the chairman or CEO of a major corporation. Unfortunately, your company has had some negative press recently. Maybe it’s lower-than-expected earnings, heightened regulatory scrutiny, a controversial merger negotiation, a securities class action lawsuit, or even some corporate scandal. Whatever the cause, the result is that your team has been scrambling to recover.
And now, adding insult to injury, you’ve just received a letter demanding that the board bring suit against many of the very same officers and directors who are currently guiding the company through this storm.
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