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To: DallasBiff

I wonder if stock holders could sue for failure to do what was best in the shareholder’s interest..


5 posted on 05/23/2023 5:43:01 PM PDT by neverevergiveup
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To: neverevergiveup

This was attempted before and the court said businesses are allowed to make decisions that turn out negatively, so shareholders are out of luck. The case involved Disney shareholders, back in the 1980s or 1990s.


8 posted on 05/23/2023 11:45:57 PM PDT by GreatRoad ('In a time of universal deceit, telling the truth is a revolutionary act' )
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