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Comment by bix6

8 hours ago

Why can’t the shareholders collectively vote to jail the execs and install new leadership?

2 comments

bix6

Reply

azan_  8 hours ago

1) Shareholders can't put people in jail. 2) People generally don't act against their interest.

  • bix6  8 hours ago

    Shareholders can refer to the DOJ.

    They could also sue in civil court. A director lying harms the company which is breach of fiduciary duty.

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