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tptacek • yesterday at 5:37 PM • 3 replies • view on HN

Minority shareholder rights do not generally include a right to remove officers of the company unilaterally.


Replies

ImPostingOnHN • today at 12:33 AM

Minority shareholders rights generally include a right to fairness, transparency, and protection against abuse by majority shareholders, all of which were violated here.

jacquesm • yesterday at 10:19 PM

If there are enough of them it certainly does.

All you need is a quorum at the next board meeting. In this case that would have never worked but in the general case it could definitely happen.

FireBeyond • yesterday at 9:57 PM

But you can advocate for it.