You are incorrect. Who would own the company when Rontan sues the Bolzans.
Either, GDSI or the Bolzans.
The Bolzans won't sue themselves. I think you'll agree.
The Bolzans certainly won't hand over their shares on Wed night.
Therefore, GDSI (the shareholder) would be suing the officers because the board (which will be controlled by the Bolzans until they are forced to step down) will not remove the Bolzans.
That is called a shareholder derivative action. Note, I am a fan of GDSI and Billie D. but I tell the truth.
You are describing a shareholder derivative action. Trust me.
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