Insurer Finds D&O Lawsuit Fear Pervasive
NU Online News Service, Jan. 21, 2:54 p.m. EST?Nearly 40 percent of privately held companies fear that their directors and officers will likely be sued by shareholders, customers or vendors in 2004, a new survey found.[@@]
The study was sponsored by the Chubb Group of Insurance Companies and conducted by Los Angeles-based market research firm Impulse Research Corp. The firm interviewed the chief executive, financial and other top officers at 300 privately held businesses.
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