Venus Model Agencies | Directors

Venus Model Agencies notices that directors of major corporations are now now being named individually in shareholder suits and are subject to media scrutiny, and their version of events is being sought by regulators. The whistle-blower provision of the Dodd-Frank Act is likely to raise the volume of complaints to the SEC against directors. While the business judgement rule often protects directors, it hardly means that they are out of harm's way.