Precisely. Courts have previously upheld the foll
Post# of 45510
Precisely.
Courts have previously upheld the following by way of breach of fiduciary duty:
1) Use of executive position to derive profit or otherwise promote personal interest at the expense of shareholders
2) Use of executive position as a forum for prosecuting personal vendettas against particular shareholders, and/or
3) Use of position to show favoritism among shareholders.
I am no lawyer and obviously cannot opine confidently without all pertinent documents and facts...however, we might be looking at a case of 2 out of 3 breaches here.