• Janx@piefed.social
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    2 days ago

    Has anyone ever been prosecuted or punished for breach of fiduciary duty? My understanding is that it’s a noble concept, but absolutely toothless.

    • gandalf_der_12te@discuss.tchncs.de
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      2 days ago

      i’m not sure. what does happen often is that CEOs are forced to step back by the shareholders. but i’m not sure what exactly the consequences of that are.