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Videos
Passion to Protect 2023
Three new partners share their journeys to becoming trial lawyers and why they’ve dedicated their careers to taking on corporate fraud.
A relatively small number of large investment banks vastly increased their leverage and the level of risks they took with toxic balance sheets. Regulators and the business establishment formed in effect an unholy collusion resulting in a failure of governance.
The enormous amount of power that is concentrated in corporations requires the implementation of good corporate governance practices such as dividing the roles of Chairman of the Board and CEO, specification of how corporations function internally, and definition of how managers relate to owners and directors.
Litigation is an effective tool to influence positive corporate conduct. As a condition of settlement changes in corporate governance are specified such as separation of the CEO and Chairman of the Board, designation of a shareholder nominated director and correction of insider trading rules and stock option plans.
As one of the five deadliest hurricanes in the history of the United States, Hurricane Katrina destroyed the homes and lives of thousands of people in 2005
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