We've received
substantial sums of money from people.
Not exact matches
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support
from its shareholders, and was opposed by ISS, and continued on that path until the date
of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement
substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous
sums of the shareholders
money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit
of its shareholders; and thus generally failed in its fiduciary duties to shareholders.
As readers
of Planet3.0 might know I have been somewhat critical about the anti-pipelines movement (be it Keystone XL, Northern Gateway, Kinder Morgan or something else), my basic position (check the link for something more
substantial) is that as long as selling the tar sand bitumen is massively profitable then the anti-pipeline strategy boils down to getting governments and corporations to turn their backs and walk away
from huge
sums of money.
Numerous cases arising
from fraud including so called «Friday afternoon fraud» cases, often resulting in a recovery
of substantial sums of money for his clients.
In reality, we know the cause: the use
of a male supremacist evaluator who specializes in Munchausen and is paid
substantial sums of money for this diagnosis as a way to take children
from safe, protective mothers so they can be sent to live with abusive fathers.
For, quite apart
from participating in commissions earned by their sales representatives, broker owners, unlike their sales colleagues, can build
substantial value in their company — value that can and frequently does attract considerable
sums of money on the occasion
of sale.