Monday, April 30, 2018 4:53:43 PM
Was the board of JRJR questioning why the company was failing?
Did the board question John Rochon about the delays in SEC filings?
To comply with fiduciary obligations, directors must satisfy what is called the duty of care and the duty of loyalty.
The duty of care says that directors must be informed about what is going on and make decisions armed with the relevant facts.
The duty of loyalty states that the director must act in the best interests of the company and stockholders and not in his or her own self interests
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