Acting in good faith can play a crucial role in protecting your company during a shareholder lawsuit.

When company leaders make decisions with honest intent and integrity, it helps establish trust and credibility. This good faith approach not only supports ethical business practices but can also serve as a strong defense if legal challenges arise.

By prioritizing transparency and fairness, your company is better positioned to withstand shareholder claims and reduce potential liabilities. Ultimately, acting in good faith is both a sound business strategy and a legal safeguard.
https://www.inc.com/ken-sterling/how-to-shield-yourself-in-shareholder-lawsuits-by-using-the-business-judgment-rule/91254207