Jane, a shareholder of Goodly Corporation, alleges that its directors decided to invest heavily in the firm’s growth in negligent reliance on its…

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?