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by JumpCrisscross 3580 days ago
> just find a case where a company has been successfully sued for not minimizing their taxes sufficiently

If I owned a company overpaying taxes I'd seek to have them acquired (priced using a tax-efficient income assumption) or management replaced. Suing would be unlikely.

That said, I agree with your general point that no fiduciary obligation is likely violated. It's just bad business.