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Just for clarity, there are some cases where the CEO is in fact left out of the loop specifically so they aren't in jeopardy of lying to shareholders. But typic
by abalone 8y ago
Just for clarity, there are some cases where the CEO is in fact left out of the loop specifically so they aren't in jeopardy of lying to shareholders. But typically it is the chief counsel who is informed in these scenarios. It is significant the Apple statements have been clear to rule out that possibility.
- chrisdhoover 8y agoApple has a new chief counsel. Hmm the plot thickens
- abalone 8y agoOld one was in place at the time of these alleged events and has publicly denied it as well.[1] [1] https://www.macrumors.com/2018/10/05/sewell-says-fbi-never-heard-of-supermicro-hack/ https://www.macrumors.com/2018/10/05/sewell-says-fbi-never-h...
- saagarjha 8y agoIs he under the same burden to tell the truth, legally speaking, as the current chief counsel?
- WrtCdEvrydy 8y agoProbably ethical violation to lie (lawyers)
- neom 8y agoFeudatory obligation is feudatory obligation, senior execs almost always have feudatory obligations.
- Godel_unicode 8y agoDo you perhaps mean fiduciary?
- newsbinator 8y agofeu·da·to·ry owing feudal allegiance to. "they had for a long period been feudatory to the Norwegian Crown" So yes, if the old chief counsel was a subject in a feudal society, this all checks out.
- neom 8y agodyslesia for the win
- deleted 8y ago[deleted]