• dual_sport_dork 🐧🗡️@lemmy.world
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    12 hours ago

    I keep seeing this notion that companies “must” maximize profit above all else “by law” repeated over and over again here and in other online spaces, and here’s where I’m finally getting off of my arse to draw the line in the sand.

    That’s not actually true.

    You can file a derivative suit against a company of which you are shareholder for a multitude of reasons, but just “they didn’t make us enough money” is unlikely to be a successful one.

    • rapchee@lemmy.world
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      10 hours ago

      i don’t remember where i got it from, but what i remembered was that they can be sued if the shareholders feel that they avoid money-making opportunities