[lordgrenville]

A company has a fiduciary duty to the shareholders, who bought the stock on the assumption that the company will be run in their best interests. If they do't do that they are open to shareholder lawsuits. (This is the way that activist investors often work.)

[tjoff]

A company does not have an obligation to be short sighted. This is also something the company can communicate to any investors.

Is it really common for lawsuits against normal sized companies? (I'm not talking intel, facebook etc.)

[zeusk]

Activist investors fight for power in board rooms, not in court rooms.