Fiduciary duties require that the fiduciary acts solely in the best interest of the employer/principal, free of any self-dealing, conflicts of interest, or other abuse of the principal for personal advantage. Thus, corporate directors, officers, and employees are barred from using corporate property or assets for their personal pursuits, or taking corporate opportunities for themselves
True. Fiduciary duty, insider trading, forcing shareholders to sell, while he is buying, and not to mention the CEO wants to pay a price far lower than what he directed the company to buy shares at. The company bought billions $ worth of stock at a higher price far higher than what he is offering There are glaring conflicts of interest. There will be many shareholder lawsuits--with undeniable merit.