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In ordinary circumstances, when the corporate veil has not been pierced, a shareholder may be liable for: a portion of corporate fines for environmental

In ordinary circumstances, when the corporate veil has not been pierced, a shareholder may be liable for: a portion of corporate fines for environmental violations. a portion of the settlement in a class-action lawsuit. unpaid amounts on the shares held by that shareholder. the actions of the board of directors.

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