private company has bylaws, not policy

来源: 柠檬椰子汁 于 2015-02-16 19:52:59 [] [旧帖] [给我悄悄话] 阅读数 : (238 bytes)

Policy is for employees, bylaws are for shareholders.

Because it is a private company, its bylaw can define conditions to deprive shareholder shares, and there is nothing SEC can do. You can sue them in court though.

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