Should employees dumped in mass layoffs have the right to sue CEOs for executive malpractice? That was the intriguing question raised in a recent episode of ABC’s “Eli Stone.”

Eli’s firm filed a class action on behalf of 300 people who lost their jobs after the company dismissed its CEO for bad management–but not before paying him over $200 million in annual compensation and another $43 million for severance.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?

Dig Deeper



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.