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#shareholders

5 Beiträge4 Beteiligte0 Beiträge heute
Antwortete im Thread

@calcifer I just know that there have been precedents of #shareholders successfully sueing managment over loss of #dividents, loss of share value and loss of profits.

  • In fact a #PublicCorporation is obligated to maximize profit to the maximum legal extent possible without jeopardizing it's longterm existance, and so far this is precedented by cases.

If it was my decision I'd abolish those in favour of worker-owned #cooperatives but I guess that makes me an "evil commie" in the eyes of the #Bankster that leads #Germany's Government right now.

South Korea’s National Assembly has passed a landmark amendment to the Commercial Act, expanding directors’ fiduciary duty to include shareholders—a move hailed by Professor Lee Sang-hoon, who first advocated for this change, as a historic paradigm shift for the country’s capital markets.
#YonhapInfomax #CommercialAct #FiduciaryDuty #Shareholders #NationalAssembly #LeeSangHoon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · Professor Lee Sang-hoon, First to Advocate Commercial Act Amendment, Hails 'Groundbreaking Paradigm Shift'
Mehr von Yonhap Infomax News

Dropped Call With #CustomerService? It Was on Purpose.
Endless wait and excessive procedural fuss—it’s part of a tactic called “sludge.”
There was a time when happiness of customers was sacred metric. CEOs saw long arc of loyalty as essential to company’s success. That arc has snapped. Everyone still claims to value customer service, but as CEO tenure has shortened, executives have become more focused on delivering quick returns to #shareholders.
theatlantic.com/ideas/archive/
archive.ph/pjFam

The Atlantic · That Dropped Call With Customer Service? It Was on Purpose.Von Chris Colin

Japanese companies offer gifts to boost their ranks of loyal retail investors

More Japanese companies are giving gifts at annual general meetings (AGMs) in a practice that could increase the ranks of loyal retail investors as pressure from activist investors grows. The pickup in gifts, from collect…
#Japan #JP #JapanNews #investments #Japanese #Japanesenews #news #shareholders #stocks
alojapan.com/1304640/japanese-

alojapan.com/1304640/japanese- Japanese companies offer gifts to boost their ranks of loyal retail investors #investments #Japan #JapanNews #Japanese #JapaneseNews #news #shareholders #stocks More Japanese companies are giving gifts at annual general meetings (AGMs) in a practice that could increase the ranks of loyal retail investors as pressure from activist investors grows. The pickup in gifts, from collectibles to food, has been steady. A survey by Sumitomo Mitsui Trus…

Antwortete im Thread

Chief #JonathanShetush: “It’s a private field of New York City #billionaires, #shareholders, and lawyers, NHL hockey team owners,” said the sworn chef for the first time last week. “It is not normal for Americans to still own the Mishta-Shipu River by 2025. I want Quebec to buy back the club and give it back to the Innu so that it is managed by Innus, with our own fishing codes, our own values, respect for salmon, all that. ”

@PariaSansPortefeuille @MusiqueNow

#LandBack #FirstNations
#IndigenousNews #CorporateColonialism
#Innu #Quebec #CanadaPol #USPol

Fortgeführter Thread

Then there’s this:

#Tesla blocked #shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for #breach of duties, acc/to a filing with the U.S. #Securities & Exchange Commission on Friday.

3% of Tesla's shares amounts to about 97 million shares worth about $34 billion as of Friday's close.

#Musk #DumpsterFire #law #SEC
reuters.com/sustainability/sus

Fortgeführter Thread

And round & round we go

#ElonMusk must face #Twitter #shareholders’ lawsuit over alleged #securities #fraud

A proposed class-action lawsuit against #Musk and his family office #Excession can proceed in federal court, a judge ruled Friday, after the #tech centi-billionaire sought to have the case dismissed.

The case is Rasella v. Musk (Case No. 1:22-cv-03026-ALC-GWG) in the SDNY.

courtlistener.com/docket/63230

#law #SEC
cnbc.com/2025/03/28/elon-musk-