Boards of Directors have legal, and arguably moral, responsibilities to shareholders who depend on them to run a business. These duties are called fiduciary duties and include the duties of care and loyalty. When a member of the Board fails to fulfill those duties and as a result, the shareholders are injured, they have the right to recover damages.
Business and corporate law is complex and constantly evolving. With more than 23 years of experience, Serna & Associates represents businesses requiring organizational structure, commercial litigation, trade secret protection, contractual disputes and more.
Serna & Associates PLLC has successfully represented public pension funds, union funds and non-public institutional investors across the United States, including mutual funds, high-wealth and individual investors in class, direct, derivative and other actions.
ENRIQUE G. SERNA, SERNA & ASSOCIATES PLLC, LIEFF, CABRASER, HEIMANN & BERNSTEIN, AND THE POWELL LAW FIRM are investigating widespread claims that defects in certain Caterpillar engines lead to repeated engine failures in C18 and C32 models.