Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white-collar crime, compliance issues, international corruption, securities, and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. In this episode, Tom and Karen explore the recently announced decision in the Solar Winds shareholder claim based upon the Caremark Doctrine. Some of the issues we explore include:
- Background facts and court rationale.
- What is ‘positive law’?
- Can any cyberbreach claim be the basis of a Caremark Claim?
- Why is victim v. perpetrator status critical in a Caremark Claim?
- What is the bad faith standard in Caremark Claims?
- What does this decision portend for Caremark Claims going forward?
Resources
Karen Woody on LinkedIn
Karen Woody at Washington & Lee, School of Law
