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by bravo22 3348 days ago
The shareholders and investors can go after the executives for fraud. They're not protected in this case.
1 comments

Until corporate officers and shareholders are subject to lawsuits, Limited liability creates an entity that behaves pathologically - without regard to anyone/anything outside of itself.

Theranos,Enron,Volkswagen scandals are just some of the way too many to count scandals that damage citizens.