Comment by FireBeyond
5 hours ago
Minority shareholders with far less ownership can and have successfully sued corporations for a failure to represent their interests too.
5 hours ago
Minority shareholders with far less ownership can and have successfully sued corporations for a failure to represent their interests too.
Sure, but it's not the within board's authority to preempt a court's decision and fire the CEO. The board should have resigned, and let the minority shareholders sue so that that court may decide.