Shareholders don't want reasons for what happened. They want to be compensated. That can't happen without a lawsuit being filed. If the statute of limitations prevents one from being filed, they're shit out of luck.
EXACTLY!!!!...You cannot sell your public company, then go take a high level management position with that very same company that acquired you and then just leave your shareholders out to dry. NOPE !!!
Its because of the shareholders monies are the very reason you even have a company and assets to sell in the first place.
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