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Tuesday, September 12, 2023 10:01:06 PM
I'll try to extract what may explain my confusion about fiduciary. So far I understand you don't mean in a moral sense but in some legal sense. So far I think it's due to technical reasons... I doubt there's too many shareholders of any stock on any sort of exchange, regardless if technically called a market or not, who aren't pretty certain that the company they buy stock from doesn't have any fiduciary duty, but if it's true that they (the company) does not have said duty due to highly technical rules language, then I guess the recent lawsuit supposedly filed by shareholders, against vplm, is a moot exercise in futility (if even real to begin with, as it could not be found anywhere on the net, aside from some subscription only Bloomberg site, so who knows?
However, are you aware of a couple years old lawsuit against vplm by Locksmith financial, in a civil suit, Malak and the rest of the then current BOD, was found guilty of breach of fiduciary duty and unjust enrichment?
All my commentary is to be considered as my personal opinions, to which I am entitled. And there is no proof of said opinions unless I offer it in the comments.
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