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Fraud, if proven, can and frequently will "pierce the corporate veil". That means the one committing it is subject to personal liability. In fact, in any organization and under most laws of any type, Fraud will expose the perpertrator to the greatest degree of exposure and remove most protections. That does not mean that the liabilty automatically attaches, and certainly in no way by the "application of a creditor"...only trying to guess what your getting at there. In fact, be aware that accusing others of Fraud, especially if not proven correct, could expose you to liability yourself. Also, it is really the company that is normally defrauded, and it normally is the one needing to take action. (Your specifying stock fraud, which would normally mean the SEC has proved something like insider trading, while it may be shown the perpetrator gained, proving your loss may be difficult.) Shareholders may be able to file, generally as a class action, but it gets much more complicated. And paying because a shareholder demands payment or he says he will cause problems with claiming fraud, well that can be blackmail and the Board better not do it. First, fraud must be proven...and finding an entire Board conspired to commit fraud (especially trading fraud) is highly unlikely at best...then the agrieved party must be able to take an action to determine how much the courts agree is owed, and that the company shouldn't pay but is the responsibility of the fraudulant party. Win that and then recover the judgement. If he has it. Just look at Enron, the one or two guys that were actually charged and began to look at having to pay back ill-gotten gains (in this case also to the Corp, for benefit of the Shareholders, who is really the one defrauded), were still fighting the accusations...and at least one, by dieing during appeals, made it so the recovery efforts were stopped.
What else can I help you with?
Can you have multiple car insurance policies with multiple insurance companies?
No. It is considered fraudulent.
Can credit card companies track fraudulent card transactions?
Yes they can and arrest you or take you to court
How is the Better Business Bureau able to protect consumers?
by alerting the public and the government to fraudulent companies
What are some companies that produce walnut wood flooring?
Some companies that produce walnut wood flooring are Hurst Hardwoods, Elmwood, Lumber Liquidator, and Plantation Hardwood. Walnut wood flooring can be purchased at most flooring stores.
What companies offer application server hosting?
Application server hosting is offered by several companies who offer software services to companies to reduce their distribution and maintenance costs. Companies include Clickability and Salesforce.
What American companies contribute to deforestation?
Sony nature, Deforenterary, and Walhey CONTRIBUTE
What is enterprising functions?
for me !! cross functional enterprise application that application can be used or surely used in organizations or companies, because this application give more IT or compilation of IT to shared resources to other companies..
Can credit cards be tracked and monitored for fraudulent activity?
Yes, credit cards can be tracked and monitored for fraudulent activity by financial institutions and credit card companies using advanced technology and algorithms to detect suspicious transactions.
What do stores do with their overstock?
Retail stores with overstock or unwanted merchandise can choose from a number of disposal options, such as donating to charity or selling to overstock/liquidator companies, rather than disposing or throwing away the goods.
What are some examples of online investment companies?
One of the most known online investment companies is Forex. If one is interested in starting investing online, it would be beneficial checking information on the companies as many of them are regarded as being fraudulent.
Which companies produce application management tools?
Some companies that produce application management tools include Solar Winds and Smart Bear. You can get these tools from their official websites online.
Job application forms?
applications are only availabel in stores you want to work and to get the application suck the managers ...............
