This website contains age-restricted materials including nudity and explicit depictions of sexual activity.
By entering, you affirm that you are at least 18 years of age or the age of majority in the jurisdiction you are accessing the website from and you consent to viewing sexually explicit content.
Why should shareholders get to sue anybody?
They invested and supported a company that caused this. They didn’t do their due diligence and made bad investments based solely off what they were told they could financially GAIN.
This is not the ideal outcome of investing, and it is entirely their own fault.
I’d like to sue the shareholders for enabling such malfeasance. A class action suit with several billion cosigners. Fuck these leeches.
Because companies have a feduciary duty to their shareholders and this is how it’s enforced.
The shareholders in question suing are a public employee retirement fund. I wouldn’t exactly consider retired sanitation workers and bureaucrats societal leeches, but to each their own I guess.