There is zero legal basis to sue a company for not maximizing shareholder value. A company does not have the legal obligation to maximize shareholder value. O

There is zero legal basis to sue a company for not maximizing shareholder value. A company does not have the legal obligation to maximize shareholder value. Of course, anyone can sue for any reason, and I'm sure companies may have been sued over something as dumb as this, but they won't win, unless there is fraud/negligence involved. Not deciding to put money into alternative investments is not an issue of maximizing shareholder value.