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Hangover Joe's Holding Cor HJOE
Posted On: 10/31/2016 7:08:11 PM
Post# of 15187
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Posted By: quick_wit
I'll go ahead and bring up shareholder derivative lawsuit. If you don't know what it is, just do a search. It is a means where even minority shareholders can compel a corporation to file suit against its own insiders or management. It can be undertaken by lone shareholder or a group. In this case the suit would likely be bought against Veal himself, by the corporation, for failure to protect the corporation from foreseeable events or actions. Many times when a controlling shareholder fails in their fiduciary responsibility to the other shareholders, a revolt can result in this type action. Think about it. We have been ignored and greatly disrespected.













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