Sentences with phrase «disregard shareholder interest»

Not exact matches

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»

The York University professor write that a board of directors can not disregard the interests of one class of shareholders in favour of another.

CDC's stake and dominance of the board would seem to preclude any outcome against their interests, but their brazen disregard for other shareholders could act as mobilising force for a resistance.

«If it does, voting shareholders may properly claim that their interests have been unfairly disregarded or prejudiced under what is known as the «oppression remedy.»

We are writing to express our frustration with recent developments at Avigen, particularly with what we perceive to be this Board's self - serving actions and disregard of shareholder interests.