Morrison PLC is suing former directors of Safeway for many millions of pounds in recompense for huge fines imposed on them because Safeway operated a price rigging circle with other supermarkets, before they were bought by Morrison.
This is yet another example of how directors are becoming increasingly vulnerable as injured parties seek to recover compensation from anyone who can pay. Many businesses still do not insure directors and officers against the growing risks they face and failure to do so can cause ruin for individuals.
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