[ocrp1982]

The lawsuit also seeks to declare that Twitter directors breached their fiduciary duties, and recoup legal fees and costs. It did not make clear how shareholders believed they might be harmed if the merger closed on schedule.

[jmaroneps37]

And..?

[Eleutheria5]

This is boilerplate. If they had turned down the buyout or poison pilled it, there would have been another shareholder lawsuit for turning up their noses at a great deal.

[Bayard]

Lawsuits are a part of the process for something like this, it wouldn’t be surprising.

There’s always someone with hurt feelings, and Oh boy there are many tears among some folks over this.

[jimwatx]

The board would be breaching their fiduciary duties if they didn’t accept the offer, because the stock price of twitter would plummet if this buyout doesn’t occur. I doubt anything will come of this, just a nuisance suit.

[Beowulf9]

Those guys should be first to get fired when Musk takes over.

[ridesthemiles]

WHO is going to sue the police Union for fiduciary fault when they are challenging a buyout that gives then a serious profit on currently held shares??

[StAnDeliver]

Gawrsh! Gawrsh!

Orlando Police Pension Board

October 1, 2020 to September 30, 2022

Jay L. Smith, Chairman, Fifth member appointed by Trustees
jaylsmithopdpension@gmail.com

Martin Carmody, Secretary, Trustee appointed by Mayor
martin.carmody@orlando.gov

Frankie Chisari, Elected Police Officer
frankie.chisari@orlando.gov

Michael Fields, Vice Chair, Elected Police Officer
michael.fields@orlando.gov

Christopher P. McCullion, Trustee appointed by Mayor
christopher.mccullion@orlando.gov 

STAFF:

Katrina Laudeman, Executive Director
katrina.laudeman@orlando.gov

Shannon Hicks, Deputy Executive Director
shannon.hicks@orlando.gov

Michele Keane, Pension Coordinator
michele.keane@orlando.gov 

[Lockbox]

What a 40% premium is not good enough?

[Some Fat Guy in L.A.]

Must delay until after the elections.....