People looking to recover losses, form a group and take legal action, 99% has been debunked, I saw some posts about a CEOs fiduciary duties,
The CEO has a legal obligation to act in the best interests of the company and its shareholders, prioritizing their interests above their own. This includes acting with care, loyalty, and disclosure. Failure to uphold these duties can lead to legal consequences, including financial penalties and removal from the position.
A breach of fiduciary duty can have serious repercussions for the company and the CEO. Shareholders may pursue legal action to recover losses, and the CEO could face financial penalties, legal liability, and even removal from their position, even if he does own 55% of the company.
Board of Directors; are Dalton, Lamont Ellis, Michael Knight (Independent Director) While a majority vote from the board is generally required, this power can be restricted by the company's specific bylaws;
We know Lamont nor Michael would vote against Dalton, does anyone even know what UNVC'S bylaws are, if any.
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