Anyone can sue anyone, but it won’t stick in this case because the law would be on the company’s side.
There is no general duty to maximize profits. The original court cases are far more nuanced than that. Much is up to the discretion of the company, because of course it is.
Imagine if they spent that money on something worth while. You know like the employees of their own companies that they fired.
I think they might get sued because as a publicly traded company they’re beholden to shareholders (I agree with you)
Anyone can sue anyone, but it won’t stick in this case because the law would be on the company’s side.
There is no general duty to maximize profits. The original court cases are far more nuanced than that. Much is up to the discretion of the company, because of course it is.