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Epic Games, maker of ‘Fortnite’ video game, begins $2.75M settlement payout
(www.winnipegfreepress.com)
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this post was submitted on 30 Sep 2023
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I'd like to see something like a corporate prison, where the company is put under government receivership for X number of years, with no distributions to shareholders. Board of Directors would be disolved, and all C levels fired.
That increased risk would ensure shareholders are more diligent at governing these companies.
I like it!
If it's serious enough or there are repeated offenses, the directors might have to resign from all boards and the C-suite prohibited from taking equivalent positions elsewhere. And eventually actual humans get prison.