Quote:
Originally Posted by shalym
Well, technically, if the corporate officers act against the best interest of the corporation they are also acting against the best interests of the stockholders, since doing so will eventually lead to the closing of the company.
Shari
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And I would agree with you on that, but it's the stockholders who have standing to sue. I happen to have a very different view of how corporations should act, but for my view to be put into place, there would have to be a change in either the way the law reads, or the way the law is currently being implemented/decided in the courts.