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I have no idea how those shareholders are going to argue saving Zuckerberg in a suit about Facebook is not in the companies direct interest. Like literally, ot
by edwnj 5y ago
I have no idea how those shareholders are going to argue saving Zuckerberg in a suit about Facebook is not in the companies direct interest.
Like literally, other than being the CEO, he is also the founder, majority shareholder and the brand of the company.
P.S. this is a PR ploy.. shareholders will never win a suit like this in a Deleware court.
- xpe 5y agoI think perhaps you mean you have no idea how these shareholders are going to win that argument. The argument is worth making. Shareholders want the board to consider many options and make a decision on behalf of their duties. Spending $5B to shield one particular leader is one option. There are others. There are many examples where boards and shareholders oust a particular CEO.