Post by
mo1975 on Dec 04, 2015 1:55pm
intent of the rules
In may the board violated the rules in regard to election of directors without majority votes.. they invoked the best interest of the company to retain those 5 directors who should have been replaced.. wonder if there is a legal stand to pursue those who guided the company in by-stepping the intent of the regulations by invoking the best interest of.... at least all the money paid or disbursed to those people should be repaid and no departure money should be given as they were not supposed to be there past the shareholder meeting
any thoughts