DeSantis Wants to Sue Bud Light's Parent Company Over Effects of Boycott He Promoted

that Anheuser-Busch had violated its “fiduciary duty” to shareholders when it partnered with Mulvaney. The governor said that the state had over $50 million invested in Anheuser-Busch and that the devaluation had hurt teachers and other pensioners. DeSantis hinted that his inquiry into Anheuser-Busch could lead to a “derivative lawsuit” against the company.

to the Florida Board of Administration, DeSantis called for the body to “immediately initiate a review to examine how AB InBev’s conduct has impacted and continues to impact the value of BA’s AB InBev holdings. It appears to me that AB InBev may have breached legal duties owed to its shareholders, and that a shareholder action may be both appropriate and necessary.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ron DeSantis Eyes Lawsuit Against Bud Light's Parent Company Amid His War On 'Woke'The Republican presidential candidate said there's 'got to be penalties for when you put business aside to focus on your social agenda.'
Source: HuffPostWomen - 🏆 27. / 68 Read more »