Profit is not the same thing as share value. > they can sue Not, as far as I know, with any likelihood of success, no. There's a doctrine called the "Business

Profit is not the same thing as share value. > they can sue Not, as far as I know, with any likelihood of success, no. There's a doctrine called the "Business Judgement Rule", which says that -- generally speaking -- boards/officers are not liable for bad stuff happening to the company as long as they act in good faith, without conflict of interest, and using their honest judgement of what is best for the company -- which doesn't mean the shareholders.