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Majority Shareholder Considerations

Aug 15, 2018

The Papa of All Shareholder Disputes

If you haven’t already heard, Papa John’s founder, John Schnatter, resigned from the company after using a racial slur.  But Schnatter is not walking away that easy, as he is still the largest shareholder in the company.  He has filed a complaint against the company seeking access to documents that he alleges show inappropriate behavior and a breach of fiduciary duty by the board of directors. » Read More