3 ms·
> However reading some of the case law it seems that being a majority stockholder wasn’t always held the have same fiduciary responsibilities. Sounds like they
by bawolff 1y ago
> However reading some of the case law it seems that being a majority stockholder wasn’t always held the have same fiduciary responsibilities. Sounds like they still don’t in some jurisdictions?
I don't think that is relavent. As far as i understand Zuck is not being sued because he is a majority shareholder.
> A blanket statement like the one I replied to oversimplifies things and implies Delaware law is federal law.
I don't think anything you said disagrees with the statement you responded to. The statement you responded to never claimed that majority share holders have a fuduciary duty.