Sentences with phrase «violating fiduciary responsibility»

But Schneiderman's investigation showed that Lugo and her board violated their fiduciary responsibility to the parade by failing to perform «basic duties» of oversight on Velasquez, never even asking for back - up documentation for his summary reports.

With this measure we believe you have aggressively overstepped the bounds of good corporate governance and have clearly violated your fiduciary responsibility.

This action will not violate any fiduciary responsibility.

Not exact matches

In the first letter, Lamassu accused DITC management of «spending as though Ditech Networks has money to burn, adding to the amount of money you have already lost for shareholders during your tenure,» «aggressively [overstepping] the bounds of good corporate governance» and «clearly [violating] your fiduciary responsibility.»