The company failed bc of wrong investment and the shareholders of the company to liable for wrong managing of duty and failure to the company. 1 Can the lawsuit succeed? What is the theory of the law the board will find to utilize to defend to avoid liability? 2. What provisions in the charter or bylaws can help the board avoid liability? Can the company have procured outside protection for directors and officers? 3. Is the person who is a board member and helps to invest in the platform. Is the person more exposed to liability than the rest of the board? if right, why? Please answer 3questions