Shareholders, Disarmed by a Delaware Court as reported and editorialized by Gretchen Morgenson requires an answer and I wished there had been a comment section provided, but there wasn't so I vent here:
I value corporations with management that think of shareholders as their partner and not one to be taken advantage of. Once I see actions that appear not to be in my interest, I vote with my feet and sell the stock. Never the less I sometimes receive stockholder settlement packets with which I could receive, after hours of study, $3.00 for my efforts. I agree with restricting shareholder suits because it is like suing yourself and not understanding the winners are the law firms collecting the fees.
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