“NY alleges Exxon Mobil defrauded investors about risks of climate change”
1st CAUSE OF ACTION (Martin Act Securities Fraud – GBL §§ 352 et seq.)
2d (Persistent Fraud and Illegality – EL § 63(12))
3d (Actual Fraud)
4th (Equitable Fraud)https://t.co/fDRiV5X5N6 #corpgov— Stefan Padfield (@ProfPadfield) October 24, 2018
“nine out of 10 startups will end up failing …. From analyzing just 12 startups that failed this year, PitchBook found that around $1.4 billion in VC funding wasn’t enough to save these businesses.” https://t.co/yoiGs9SFTk #corpgov
— Stefan Padfield (@ProfPadfield) October 25, 2018
‘On Wednesday’s earnings call, Musk touted the quality health service his employees receive.
Amazon and Apple are among other tech companies investing in their own employee health clinics.” https://t.co/kMQDWKUqKK #corpgov— Stefan Padfield (@ProfPadfield) October 25, 2018
“Activist investor Third Point sued Campbell Soup, alleging the soup and snack maker’s board misled investors about the competence of its directors ….” https://t.co/aJ6Vmm14Rt #corpgov
— Stefan Padfield (@ProfPadfield) October 26, 2018
“Understanding what injures a corporation can help us better understand corporate personality. Traditional corporate injury is … to … assets or profits…. recent expansions of what constitutes corporate injury … seem at first to fit poorly ….” 73 Bus. Law. 1031 #corpgov
— Stefan Padfield (@ProfPadfield) October 28, 2018