cf. with the shareholder suit against Tesla. Why did they sue instead of firing the board of directors?
To vote out the board, you need >50% of the shareholders to back you. To sue the board, all you need is 1 disgruntled investor.
cf. with the shareholder suit against Tesla. Why did they sue instead of firing the board of directors?
To vote out the board, you need >50% of the shareholders to back you. To sue the board, all you need is 1 disgruntled investor.