Corporate Lawsuit Risks
Discussions center on companies' fears of lawsuits, liability exposure for investors and shareholders, and strategic decisions to avoid litigation or its disclosure.
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The main purpose is that there will be more lawsuits coming their way once this is over and it's doubtful whether they can survive them when not if it happens. https://news.ycombinator.com/item?id=40214377
Don't the companies have the lawsuit issue backwards? By not helping aren't they opening themselves up to being sued whereas if they immediately fixed the problem the person would have almost no reason to initiate a law suit.
Unfortunately you're not going to see many companies saying "Yeah! We're being sued by that guy too!" because that quickly reduces to "we're being sued!", which never goes over well with investors, shareholders, employees, etc.
Interesting, this exposes them to lawsuits which would be a liability for investors indeed.
Will be interesting if they pick the wrong company and get sued for that in the process.
Why would a corporation make a judgement against you when you’re advocating for them?
can you elaborate? what companies? why did they get sued?
Presumably they don't want to be sued into oblivion.
Shareholders filing lawsuits because the company refused to give away money to a fine?
I hope he sued the company and got a $10 million settlement. Companies respond really well to getting sued even once.