Brandon eighti

Jane, a shareholder of Goodly Corporation, alleges that its directors decided to invest heavily in the firm’s growth in negligent reliance on its officers’ faulty financial reports. This caused Goodly to borrow to meet its obligations, resulting in a drop in its stock price.
Are the directors liable? Why or why not?This individual work should include the following:
An in-depth submission that should be free of spelling and grammar errors.
An essay containing a minimum of 200 words.
You may use your text or the internet as a reference, but remember to cite your sources according to APA guidelines.