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Sally Shareholder has been defrauded by ACME corporation. A friend suggested that she inform the Securities and Exchange Commission of the problem. Instead, Sally contacts
Sally Shareholder has been defrauded by ACME corporation. A friend suggested that she inform the Securities and Exchange Commission of the problem. Instead, Sally contacts a buddy of hers at the National Labor Relationship Board and asks him to go after the corporation. If her buddy does in fact decide to pursue a case against ACME based exclusively on Sally's complaint, on what grounds could ACME fight the charges? That the NLRB was acting outside of its authority. That Sherry Shareholder has not first used FOIA to obtain the necessary documents. That only the SEC could bring a claim against a corporation for violations. None of the above
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