4 ms·
If that’s a public company that sounds like that is malfeasance and grounds for an investor lawsuit
by mint2 4y ago
If that’s a public company that sounds like that is malfeasance and grounds for an investor lawsuit
- acdha 4y agoIt wasn’t but also I’d expect something like that to be very hard to make a case about: courts tend to be very deferential to business judgement and I’m sure they’d have very good lawyers arguing that the original problem was unforeseeable and this was maintaining an important business relationship (“the cost of switching would be astronomical!”). This kind of stuff tends not to have consequences unless it’s unbelievably blatant in writing or the higher ups are looking for a justification to terminate someone.
- pjc50 4y agoThis happens _all the time_. When was the last successful investor lawsuit on grounds of a failed enterprise IT solution?