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Money Stuff’s Matt Levine has written extensively about this and the general consensus is “if the judge says it is.” Shareholders are always bringing lawsuits
by dclowd9901 4y ago
Money Stuff’s Matt Levine has written extensively about this and the general consensus is “if the judge says it is.”
Shareholders are always bringing lawsuits against the companies they have holdings in for this pretense, but it’s more often the case the companies just walk a tightrope act of appeasing shareholders, employees and customers alike.