Comment by tyre
13 hours ago
You’d need to prove harm, which is somewhat nebulous here.*
Matt Levine has a prescient and depressing quote about the only recourse for being being shareholder lawsuits:
> I find all of this so weird because of how it elevates finance. [Various cases] imply that we are not entitled to be protected from pollution as citizens, or as humans. [Another] implies that we are not entitled to be told the truth as citizens. (Which: is true!) Rather, in each case, we are only entitled to be protected from lies as shareholders. The great harm of pollution, or of political dishonesty, is that it might lower the share prices of the companies we own.
* To be clear, I don’t think it is nebulous, and you’re right to feel harmed. But, legally, I don’t know the harm in “they didn’t respond to my emails” after there’s no concrete damage.
No comments yet
Contribute on Hacker News ↗