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    limbani's Avatar
    limbani Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jun 7, 2006, 05:28 AM
    Grounds on which to avoid liabilities as director of a company
    I am a director of a company and my colleague is a promoter of the same company. We have been sued by shareholders for compensation of loss arising out of a misstatement in a prospectus the company issued. Advise us as on the grounds upon which we may avoid liability.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Jun 7, 2006, 07:05 AM
    Hello lim:

    Dude. I can't advise you. I don't know what you did or what he says you did. I can give you this bit of advice, though, if your prostitution company is illegal, Mr Fredrick won't collect anything.

    Now, I'll take a blond about 5'6" with really humongous bazoombas.

    excon
    valinors_sorrow's Avatar
    valinors_sorrow Posts: 2,927, Reputation: 653
    I regard all beings mostly by their consciousness and little else
    		  
    #3

    Jun 7, 2006, 10:30 AM
    :D Offers up my other leg for pulling since I need them to be even for walking!
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