By its nature, the only penalties that can be applied to a corporate entity are fines or revoking its charter. The latter is what I had in mind when I wrote “or worse,” although I suppose piercing the corporate veil and going after the company’s executives personally is certainly an option too!
You can pierce the corporate veil. "What lawyer approved it? Who was responsible for putting that message there?”.
The corporation might not be able to be punished, but the actual people who did the thing can be.
The corporate veil for legal action only makes sense for a limited number of things that are problematic for the company but no person could really be expected to have directly made the choice.
By its nature, the only penalties that can be applied to a corporate entity are fines or revoking its charter. The latter is what I had in mind when I wrote “or worse,” although I suppose piercing the corporate veil and going after the company’s executives personally is certainly an option too!
You can pierce the corporate veil. "What lawyer approved it? Who was responsible for putting that message there?”.
The corporation might not be able to be punished, but the actual people who did the thing can be.
The corporate veil for legal action only makes sense for a limited number of things that are problematic for the company but no person could really be expected to have directly made the choice.
Board members should be individually liable