The board of directors for ABC Corporation took out a $30 million dollar loan to invest in capital expenses. After the company received the loan, the board did not meet again for 18 months. During that time, the entirety of the loan was spent, and the company reported a $50 million dollar decrease in worth. Disgruntled, the company shareholders sue the board for the devaluation of the company and their stock. What type of lawsuit should the shareholders bring? What defense should the board raise? Who will likely be successful in the lawsuit? Why