Guest Jerry Canz Posted November 29, 2010 at 06:36 AM Report Share Posted November 29, 2010 at 06:36 AM If the present and CEO (the same individual,in fact he claims to be the only officer or board member)is suspected of committing a crime (stealing,fraud etc)can the other share holders call a special meeting to resolve the potential problem. What other options do the share holders have? Share holders own 75% of Co. but are not officers or board members. Link to comment Share on other sites More sharing options...
Larry Cisar Posted November 29, 2010 at 09:39 AM Report Share Posted November 29, 2010 at 09:39 AM If the present and CEO (the same individual,in fact he claims to be the only officer or board member)is suspected of committing a crime (stealing,fraud etc)can the other share holders call a special meeting to resolve the potential problem. What other options do the share holders have? Share holders own 75% of Co. but are not officers or board members.Depends upon what the charter says. As for legal, consult an attorney. Link to comment Share on other sites More sharing options...
Robert B Fish Posted November 29, 2010 at 01:03 PM Report Share Posted November 29, 2010 at 01:03 PM Depends upon what the charter says. As for legal, consult an attorney....or contact the police...immediately, while the assets can still be recovered.-Bob Link to comment Share on other sites More sharing options...
Kim Goldsworthy Posted November 29, 2010 at 09:45 PM Report Share Posted November 29, 2010 at 09:45 PM ... can the other share holders call a special meeting to resolve the potential problem?No.Special meetings cannot be called, EXCEPT as your bylaws/constitution allow for special meetings. Link to comment Share on other sites More sharing options...
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