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Joined 24 days ago
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Cake day: January 30th, 2025

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  • Eh, not really, ags sue companies all the time for not acting in there shareholders interests. It’s usually more along the lines of the CEO giving a contract to his buddy that costs the company more, but any time a public for profit company pursues some interest other than maximizing shareholder value they open themselves up for a lawsuit. It could be a purely nepotistic or self dealing interest, or it could be your interest in justice, if it’s not about making money and you didn’t disclose to the shareholders that your decision is not about making money you have defrauded them who are invested solely to make money.

    It’s a reading of the fiduciary duty of loyalty that most companies and courts have come to accept, if you knowingly do something to decrease shareholder value for some personal interest than you can be sued for it. This is the reason public benefit companies exist, so you can pursue noble causes like dei or fighting climate change that may reduce profits, without risking a lawsuit.

    This can be used for good such as in the case of the 2021 McDonald’s shareholder lawsuit that alleged it’s failure to address rampant sexual harassment caused a loss of reputation and shareholder value. Ironically as a result it implemented a DEI program to address the problems…

    The problem with the lawsuit is that they have to prove the dei stuff was about some ideology of the board and not about making money. Which will be hard to prove because at the time forecasts probably would’ve showed that embracing dei would increase profits. Even today they probably made more money off the rainbow merch then they lost.




  • Idk if you know this but there is a ceasefire right now. Most of the protests i went to were in response to some escalation or atrocity: new “aid” package being sent, expansion of the war into Rafah, expansion into Lebanon, ground forces going in etc. People tend to protest against escalation events but we are currently in a period of deescalation.

    You should expect to see them again in response to trump’s latest proposal, it’s not going to happen overnight since this came out of nowhere, or when the first phase of the ceasefire expires and people protest to keep it going.

    Also wtf is this aneurysm posting “it went from free Palestine to the Rivera of the middle east in 16 days” what does that even mean? And they say the pro-palestine people are bots.




  • There are like 5 people who post 90% of the content on lemmy. Cm0002 is one of them and really hates tankies / anyone to the left of them.

    Most of the content on the “tankie triad” is general left wing anti-us stuff. Occasionally they’ll be some post praising China then some liberal will comment something about tianemen square or uyghurs, get banned , and then complain that the whole instance is full of genocide apologists.

    It’s not like there are regular posts praising Kim jung un or maduro like the liberals make it out to be. There are a decent amount shitting on liberals, like the reverse of this post, which perpetuates this dumb instance war. It’d be best if it stopped as were all “radical leftists” in The eyes of the rest of society and were gonna need some sort of solidarity to accomplish the 90% of things we agree on.