> The company, board of directors still owes a fiduciary duty to minority shareholders. Having 51% of voting control doesn't change that.
Not OP but they were very confident in what they wrote. I'd assume they'd be able to provide evidence. Just because it's the law doesn't mean we're not gonna get asked for evidence. Maybe we should be more careful with our claims then.
> The company, board of directors still owes a fiduciary duty to minority shareholders. Having 51% of voting control doesn't change that.
No, not a "random" article, but one that actually did do the homework and check law. Someone has to, otherwise you can't claim to know what the law says.
demanding weird standards of proof in a conversation is an annoying thing to do. if you want to know with more confidence maybe take two seconds to google it
Not OP but they were very confident in what they wrote. I'd assume they'd be able to provide evidence. Just because it's the law doesn't mean we're not gonna get asked for evidence. Maybe we should be more careful with our claims then.