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King Statement 4th March


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Any shareholder can sue them in their personal capacity for decisions taken which impacted negatively on the profitability of the company. All listed companies would have or should have Directors and Officers Liability cover, which protects the Directors against such action.

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That's you telt for getting all high faluting.

Tried a Milton pun on FF once. Got one response in a thread running to about 10 pages. Lesson learned

 

ok suitably admonished

Desired of wandering, this unhappy morn

I know not whence possessed me

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Any shareholder can sue them in their personal capacity for decisions taken which impacted negatively on the profitability of the company. All listed companies would have or should have Directors and Officers Liability cover, which protects the Directors against such action.

 

The Directors can be sued personally and have to bear their own costs, that was the threat that Ashley used to get rid of Nash and Walllace.

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That would suggest that the company does not have Directors and Officers liability cover, which is unlikely for any listed company. However, in this farcical Rangers AIM listing, nothing would surprise me!

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