Comment: You didn't even bother to read that short article ...

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You didn't even bother to read that short article ...

... where it was a homeowner suing an LLC and its owner (the owner of the contracting company) over poor workmanship. It had NOTHING to do with "defrauding investors" because it was against the owner/investor himself.

"Although the Supreme Court ultimately found that there were insufficient facts alleged in the complaint to establish the negligence claim against Mr. Harb personally, the Court rejected the argument that Mr. Harb could not be personally liable for negligence merely because he was a member of an LLC."

And ...

"The Supreme Court noted that Connecticut's common law provides for personal liability of officers of a corporation for torts personally committed (such as negligence) that injure third parties provided the injured party can show a legal duty, breach of that duty, causation, and damages. As such, if an officer of a corporation commits a tort in business, the officer may be personally liable even if the corporation is also responsible."

But sure go ahead and cite some cases that back up your position. Seriously, though, I have just cited a state supreme court as the COMMON LAW is applied. Sure, you can find some cases where there was investor fraud, but you can find cases of torts, too, and that proves your position is wrong.

I'd like to think we are mostly on the same side. But I am hitting this investor liability hard because it is a vital component of a society.

Even in an anarcho-capitalist society, there would be "dispute resolution organizations" that would act as courts. There would be contracts. And you can bet your sweet a** that investors in someone else's business enterprise would be wanting limited liability.