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If they made any guarantees about profit that would be breaking securities laws, so what case could he have?
by menzoic 6y ago
If they made any guarantees about profit that would be breaking securities laws, so what case could he have?
- bklyn11201 6y agoTo act in the best interest of the university as a fiduciary. What kinds of evidence would be damaging to the foundation that could be dug up via the discovery phase of a lawsuit? Lots of dinners among foundation execs and the investment company, cozy emails, lack of attention to returns or fees would be the type of evidence that would probably result in some interesting articles or maybe even a change in leadership or strategy (which seems to be his ultimate goal).