Read the full story: The Hill’s RegWatch
That’s when the accountability watchdog group Cause of Action stepped in to defend Zucker.
“This case is very much about what reins there are on the government,” Cause of Action Executive Director Dan Epstein said Wednesday in an interview. “The government is essentially saying it can go after former corporate officers (who have done nothing illegal). It sets a dangerous precedent for innovators and entrepreneurs in the United States.”
At issue is the notion of limited liability — whether business owners and corporate officers should be personally responsible for the actions of their companies.
Cause of Action and Zucker fought back with a counter lawsuit that argues the government exceeded and “abused” its authority by going after a business owner — an individual person — who had not broken any laws.
