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To be predatory it has to be deceptive or complex in a way that leads people to misunderstand. This is not the case here. It is crystal clear that a non votin
by travisoneill1 8y ago
To be predatory it has to be deceptive or complex in a way that leads people to misunderstand. This is not the case here. It is crystal clear that a non voting share gives the buyer no control over the company, and if he buyer accepts that then he should get no such control.
- mfoy_ 8y agoWhat's complex is the ownership structure of any company with multiple classes of shares, especially with different voting weightings. Simple would be "1 share = 1 vote". ----- What's deceptive is the conflict of interest he created for himself that makes it unclear whether or not he is actually fulfilling his fiduciary duty. Clear and conflict-free would be renting from someone unrelated, and renting his building out to different company.