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04/08/23
12:37
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Originally posted by farmerluke:
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Suggestion: Do a class action against the Directors - I would imagine given the accusations of corrupted behavior they probably have D & O/management liability insurance. At least shareholders may be able to get a payout and hold the directors liable for the financial losses they have inflicted on shareholders through negligent actions on behalf of the company. Remember directors have a fiduciary responsibility to act in the best interest of the shareholders - not themselves. I'm sure during a legal discovery there would be a lot of information come to light that would be able to give an insight into the management of the company (including minutes from meetings, emails etc). Just an idea, but I hope it helps
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lolz no hope man ….. they can have millions of excuses …. even builders racking up monster debt and live a lavish lifestyle and then declare bankruptcy…. Blaming COVID for everything…. Hlf will do the same …..