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Stockholders suing CSX BoD over EHH hiring

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  • Member since
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  • From: Northern New York
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Posted by tree68 on Thursday, January 10, 2019 4:36 PM

daveklepper

How would they demonstrate that if the boost in stock price is directly tHH's the result of HH's hiring?

I was thinking more in terms of that $80 mil going directly into their pockets...  That seems to be what people want any more...

LarryWhistling
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  • Member since
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Posted by BOB WITHORN on Friday, January 11, 2019 8:02 AM
They seem to be sueing to get more. Guess greed has no bounds.
  • Member since
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Posted by Erik_Mag on Monday, January 14, 2019 10:39 PM

I wonder if the case could be made in that the CSX BOD was favoring one stockholder over the others, sort of the flip side of insider trading. While I have my doubts about the plaintiff's chances, this does sound like reasonable case to bring to trial.

Disclaimer: I am not a lawyer.

 

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Posted by BaltACD on Tuesday, January 15, 2019 12:19 PM

Doesn't everyone enjoy buying damaged goods? [/sarcasm]  Without doing due diligence inspecting for the damage?

Attended a Retired CSX Dispatchers breakfast this morning.  Once EHH brought his oxygen tank on board, there was a immdediate purge of nearly ALL CSX operating officials - get rid of institutional knowledge and replace it with institutional stupidity and repeat the mistakes of the past while claiming them to be victories.  

Never too old to have a happy childhood!

              

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