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Re: stocker11 post# 237121

Monday, 08/05/2013 1:04:44 PM

Monday, August 05, 2013 1:04:44 PM

Post# of 312030
"Under the business judgment rule, it is the responsibility of shareholders to demonstrate a CEO's failure to uphold his fiduciary responsibilities."-- Matt Petryni, of Demand Media

So if that's the case, can shareholders ask to audit the CEO's business activities as a means to gain such evidence? If not, how are shareholders supposed to "demonstrate" a CEO's fiduciary failure?