D'Artagnan 173 Posted April 27, 2014 Share Posted April 27, 2014 He must explain why his CEO, Mr Wallace, misled shareholders Well there goes presumption of innocence. Which is particularly disappointing given what our club was subjected to as a consequence of the failings of such presumption. 0 Quote Link to post Share on other sites More sharing options...
pmu 0 Posted April 27, 2014 Share Posted April 27, 2014 I really know nothing about corporate crime etc but would find it hard to see a judge finding wallace guilty of misleading shareholders over a couple of mill shortfall on projected funds when it us quite clear they were unravelling mismanagement in the tens of mill. Im not supporting wallace but does anyone with first hand knowledge of this type of alleged crime think this will fly? 0 Quote Link to post Share on other sites More sharing options...
aweebluesoandso 290 Posted April 27, 2014 Share Posted April 27, 2014 Wallace has been given his 120 days, but i think he's now outstayed his welcome. 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted April 27, 2014 Share Posted April 27, 2014 Well there goes presumption of innocence. Which is particularly disappointing given what our club was subjected to as a consequence of the failings of such presumption. Are you saying that Wallace did not mislead shareholders? 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted April 27, 2014 Share Posted April 27, 2014 Agree with the general sentiment and most of the points in the statement, but it's disappointing to see any mistakes or typos in it, especially when the writer mocks Wallace's review contents by likening them to a wishlist from a fan forum. That might seem overly fussy and pedantic, but if we intend to criticise the CEO and boardroom in such a strong manner, then it would help our case immensely if the statements were absolutely flawless, at least in a technical sense. It's also a bit disappointing that it doesn't suggest or insinuate that the review contents have a likeness to a wishlist from a fan forum specifically because it's extremely likely that the "Ready to Listen" fan survey had a major influence on the content of the review. 0 Quote Link to post Share on other sites More sharing options...
D'Artagnan 173 Posted April 27, 2014 Share Posted April 27, 2014 Are you saying that Wallace did not mislead shareholders? The guy is under criminal investigation for allegedly misleading shareholders - dont you think it is appropriate and right that the due process of law to which he has been subjected to is allowed to run its course before demands are made of others to pre-empt it ? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 27, 2014 Share Posted April 27, 2014 Well there goes presumption of innocence. Which is particularly disappointing given what our club was subjected to as a consequence of the failings of such presumption. He'd did mislead them though. It's only in question whether it was knowingly or not. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted April 28, 2014 Share Posted April 28, 2014 Wallace has been given his 120 days, but i think he's now outstayed his welcome. Great, another CEO to be chased out, and one that could really do us some good as well 0 Quote Link to post Share on other sites More sharing options...
Dragonfly Trumpeter 50 Posted April 28, 2014 Share Posted April 28, 2014 "The board" is not "Sandy Easdale" or vice versa, no personal attacks by individuals either. So why suspect legal action? Of course, it makes for a healthy discussion - if any - in the weeks ahead. Never a truer word spoken. But you would not think it going by Sandy Easdale. Then again, he just likes to divulge share sensitive, boardroom discussion even though he is not even on the board. Strange, eh? Btw, I do not suspect legal action at all. The truth is hard to condemn. Sarcasm is not my strongest point. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted April 28, 2014 Share Posted April 28, 2014 I don't see much point chasing out Wallace he's a symptom not the disease. He won't do us any good though and if he's convicted of this obviously he has to be sacked. He almost certainly should be suspended while he's investigated but we perhaps should let that slide for now. 0 Quote Link to post Share on other sites More sharing options...
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