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https://www.upcounsel.com/personal-liability-of-corporate-officers
Typically, a corporate officer isn't held personally liable, as long as his or her actions fall within the scope of their position and the parameters of the law. An officer of a corporation may serve on the board of directors or fulfill a managerial role. A corporate officer may also be: A shareholder A regular employee
https://www.greenbergglusker.com/publications/when-corporate-officers-are-personally-liable/
They are being charged with corruption and are the subjects of governmental investigations, shareholder lawsuits and the public’s unquenchable thirst for payback. And they are receiving harsh sentences and lengthy jail terms. The fears of corporate officers over personal liability for their actions are wellfounded.
https://burfordperry.com/can-a-corporate-officers-and-directors-be-held-personally-liable/
Further, officers and directors who participate in or authorize the commission of wrongful acts that are prohibited by statute, even if the acts are done on behalf of the corporation, may be held personally liable. Officers and directors may also be liable to the corporation or its shareholders.
https://legalbeagle.com/12717738-can-the-officer-of-a-corporation-be-held-personally-liable.html
Ordinarily, an officer cannot be held personally liable, as long as he is acts within the scope of his authority and within the bounds of the law. The only exception to this protection is if a case can be made that the corporate entity is merely a shell that the owners are using to defraud the public. Independent Entity
https://www.singleton.com/2017/07/personal-liability-of-directors-and-officers-for-corporate-contracts/
When a corporation enters into a contract, its directors and officers will not generally be held personally liable for any breach or default of the contract—assuming they have not engaged in fraud, illegality, or other improper conduct. According to Pageant Media, however, they could find themselves personally liable even absent such conduct.
https://www.noglaw.com/suing-corporate-officers-employees-personally-misconduct/
Suing Corporate Officers and Employees Personally for Misconduct November 30, 2017 by Janet Kljyan Typically, officers and employees of corporations or limited liability companies are not personally liable for acts taken in a corporate capacity. However, there are important exceptions.
https://www.reinhartlaw.com/knowledge/directors-and-officers-beware-could-you-be-personally-liable/
Directors and officers may also be held personally liable for two broad types of self‑dealing: (a) if they willfully fail to deal fairly with the organization in connection with a matter in which they have a material conflict of interest; [15] and (2) if they enter into transactions from which they derive an improper personal benefit. [16]
https://callaborlawblog.com/common-california-labor-code-violations/shareholders-corporate-officers-personally-liable-unpaid-wages/
Shaw (9th Cir. 2009).Because 9 U.S.C. 203 (a) defines person as individual or group of individuals, more than one “employer” can be liable for the FLSA obligations, which allows aggrieved employees to go after both corporate employer and individual officer or manager. Federal “Economic reality” test
https://www.nolo.com/legal-encyclopedia/personally-liable-llc-corporate-debt-bankruptcy.html
A corporation or LLC's owners may also be held personally liable if they are found to have committed fraud. If the owner made fraudulent representations or omissions when applying for a business loan, he or she can be held personally responsible for the resulting harm to the creditor and risk losing personal assets.
https://www.forbes.com/sites/stephendunn/2011/11/13/officers-personal-liability-for-their-companys-unpaid-taxes/
States have parallel schemes for holding officers personally liable for their business’ undeposited taxes. Michigan law, for example, provides that any Michigan tax which a business incurs but...
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