• Janx@piefed.social
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    1 month 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
      link
      fedilink
      arrow-up
      1
      ·
      1 month 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.