By Sarah Katz Downey, Nirali Shah, Douglas Rappaport, Jacqueline Yecies and Timothy Shepherd ( August 23, 2017, 3:59 PM EDT) -- Senior leaders at private companies often underestimate the need for directors and officers (D&O) liability insurance. Although they may not have the shareholder base that public companies do, private companies have owners, investors and other stakeholders — and their directors and officers could be targeted in a variety of lawsuits based on management actions....
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