/biz/ - Business & Finance

Anonymous Mon May 8 21:41:51 2023 No.54897660 [View]
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>>54897279
I actually wonder, when it comes to a random companies, don't they have a fiduciary duty to do what's in Cede & Co's best interest? It's technically Cede's name on like 95% of all shares, so don't companies have to act in Cede's interests and not that of the people buying all the beneficially shares in the market? We had some weird things pointing to that, like the whole 'Jason Waterfalls' saga where the court kept denying petitions on the basis of his shares being beneficially owned.

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/biz/ - Business & Finance

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