Leading causes of D&O liability claims nationwide, 1986-95 

Inadequate/inaccurate disclosure, including financial reporting 13.6%
Wrongful employee termination   11.3%
Employee discrimination 4.7%
General breach of fiduciary duty 4.2%
Dishonesty/fraud 3.9%
Bid/threat by another company to take over your company 3.6%
Breach of employee contract (not including termination) 3.1%
Cost/quality of product/service 3.1%

   Source: Watson Wyatt