Fiduciary Duty and Rise in Litigation Corporate executives, as a member of the board of directors, have a fiduciary duty to the shareholders' of a corporation.[6]  Trust and confidence are place in the directors of a corporation, and they are relied upon to exercise discretion and expertise to act in the best interest of the shareholders.[7] Persons acting in a fiduciary capacity are held to a high standard of honesty and full disclosure in regards to the… [read post]