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azan_ • today at 3:24 PM • 1 reply • view on HN

1) Shareholders can't put people in jail. 2) People generally don't act against their interest.


Replies

bix6 • today at 3:30 PM

Shareholders can refer to the DOJ.

They could also sue in civil court. A director lying harms the company which is breach of fiduciary duty.