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No they do not. There is explicitly Delaware case law where shareholders sued company for not exploiting tax loophole. Shareholders lost, company won. There
by Marazan 10y ago
No they do not.
There is explicitly Delaware case law where shareholders sued company for not exploiting tax loophole.
Shareholders lost, company won.
There is no legal obligation for directors to maximise profit.
- peteretep 10y agoThat's relevant to this case? Citation, please