Rapidcreek@lemmy.world to politics @lemmy.world · 1 year agoTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comexternal-linkmessage-square33fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump Media plunges amid plan to issue more shares. It's lost $7 billion in value since its peak.www.cbsnews.comRapidcreek@lemmy.world to politics @lemmy.world · 1 year agomessage-square33fedilink
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up0·1 year ago His son, Donald Trump Jr., who is a director on the board, and CEO Devin Nunes, are also bound by the lockup. Who exactly do you think can waive it?
minus-squarezaphod@lemmy.calinkfedilinkEnglisharrow-up0·edit-21 year agoThe board can vote to waive it. That’s… how boards work. They could vote to waive Junior’s and Nunes’ lockups, too, if they wanted to. The only recourse shareholders would have is a lawsuit.
Who exactly do you think can waive it?
The board can vote to waive it. That’s… how boards work. They could vote to waive Junior’s and Nunes’ lockups, too, if they wanted to. The only recourse shareholders would have is a lawsuit.