Comment by littlestymaar
2 months ago
If someone checked one box, and the company goes under because of a lawsuit linked to not doing what this box said, then the individual who checked that box becomes personally liable of the damages done to the shareholders asset (the value of the company).
You don't want to be in this position, really. And that's the whole point of compliance.
Maybe. If their boss told them to do it and their boss is the CEO, probably not. It's on the prosecutor to prove the individual employee committed a crime worthy of piercing the corporate veil.
> If their boss told them to do it and their boss is the CEO, probably not
Then it becomes the CEO who's responsible. “Compliance” is there to protect the shareholders!