The SAFE CU Board's "little red wagon"?
"Shareholders often bring breach of fiduciary duty suits in connection with Merger & Acquisition activities."
✅ "The sale or merger of a company is a high stakes event for shareholders, management, and directors.
✔ The role of the board is to seek an outcome that is the best available to the shareholders.
✔ To meet the demands of this role, directors must fully understand what is required.
✔ Directors must deliberate and document fulfillment of the duties of:
- (1) care,
- (2) loyalty,
- (3) and appropriate disclosure.
✅ "24% of all class action law suits include merger and acquisition related allegations."
No comments:
Post a Comment