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#shareholders

3 posts3 participants0 posts today

Tesla’s Robotaxi Hype Becomes Legal Nightmare as Investors Strike Back

A group of Tesla shareholders filed a proposed class‑action lawsuit in federal court. They accuse Tesla’s leadership of securities fraud, alleging that they overstated the safety and readiness of Tesla’s newly launched Robotaxi service, misleading investors and inflating the company’s stock price

#tesla #scam #fraud #robotaxi #shareholders #classaction #legal #elon #musk #elonmusk #elno #spacekaren

autoblog.com/autonomous/teslas

In a Private Limited Company, India's Companies Act, 2013, sets the decision-making hierarchy: the Board of Directors handles strategic and operational matters, shareholders decide major structural changes via resolutions, and ROC, Regional Director, and NCLT oversee and approve critical actions for compliance and good governance.

For more information 🔗setindiabiz.com/blog/decision-

Replied in thread

@calcifer I just know that there have been precedents of #shareholders successfully sueing managment over loss of #dividents, loss of share value and loss of profits.

  • In fact a #PublicCorporation is obligated to maximize profit to the maximum legal extent possible without jeopardizing it's longterm existance, and so far this is precedented by cases.

If it was my decision I'd abolish those in favour of worker-owned #cooperatives but I guess that makes me an "evil commie" in the eyes of the #Bankster that leads #Germany's Government right now.

Dropped Call With #CustomerService? It Was on Purpose.
Endless wait and excessive procedural fuss—it’s part of a tactic called “sludge.”
There was a time when happiness of customers was sacred metric. CEOs saw long arc of loyalty as essential to company’s success. That arc has snapped. Everyone still claims to value customer service, but as CEO tenure has shortened, executives have become more focused on delivering quick returns to #shareholders.
theatlantic.com/ideas/archive/
archive.ph/pjFam

The Atlantic · That Dropped Call With Customer Service? It Was on Purpose.By Chris Colin
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Chief #JonathanShetush: “It’s a private field of New York City #billionaires, #shareholders, and lawyers, NHL hockey team owners,” said the sworn chef for the first time last week. “It is not normal for Americans to still own the Mishta-Shipu River by 2025. I want Quebec to buy back the club and give it back to the Innu so that it is managed by Innus, with our own fishing codes, our own values, respect for salmon, all that. ”

@PariaSansPortefeuille @MusiqueNow

#LandBack #FirstNations
#IndigenousNews #CorporateColonialism
#Innu #Quebec #CanadaPol #USPol