Comment on Lawsuit against Meta invokes modern portfolio theory to protect shareholdersparentComments−ISL3yLargely agreed. The normal way for shareholders to express their distaste for choices made by the board/executive is to vote them out. Shareholders here literally can't do so, but they've known that from the day they bought their shares.−acover3yThere is protection for minority shareholders.I'm not sure the extent but majority owners/majority voters can't loot the company.
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Largely agreed. The normal way for shareholders to express their distaste for choices made by the board/executive is to vote them out. Shareholders here literally can't do so, but they've known that from the day they bought their shares.
There is protection for minority shareholders.
I'm not sure the extent but majority owners/majority voters can't loot the company.