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FMG's Directors and Officers (D&O) liability practice group includes attorneys from all of our offices and provides specialized defense for the directors and officers of private, public and non-profit organizations. Talented directors and officers are at their best when they can take strategic risks without excessive liability hanging over their heads. This is the guiding principle which our D&O team fights to protect.
Our experienced trial attorneys bring decades of courtroom and litigation experience to protecting individuals, directors, and officers against losses that may result from alleged errors in judgement, breaches of duty, or other wrongful acts in the course of their work.
The FMG team handles cases professional liability cases involving high-stakes, complex claims. While most of the claims we handle arise from D&O policies, insurers that underwrite D&O insurance typically also underwrite errors & omissions (E&O) insurance for business professionals, financial institutions and financial services firms, as well as investment banks, investment advisors, accounting firms, and law firms. Therefore, we regularly handle large E&O claims involving the same kinds of underlying litigation and governmental investigation claims activity that involve D&O policies. We also assist in drafting policies and endorsements as well as in identifying risk management and risk evaluation tools to assist insurers in better managing these insured exposures. Lawyers in our D&O Practice Group are also regularly involved in educational and insurance industry programs and seminars for D&O insurance professionals dealing with cutting-edge issues in the law and in the D&O marketplace.
Our experience also includes claims for officer or director breach of duty, including insolvency claims, breach of fiduciary obligations under ERISA, employment disputes, misstatement of financial reports, negligent acts with respect to avoiding damages to company property, and misuse of company funds.