[nailer]

The law says they have to do this. See https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

[JKCalhoun]

Apparently, from my research, it's not the law.

There's fiduciary "duty", but not law. Judge's apparently give wide berth to management to decide what, perhaps long term, is going to be profitable.

[nailer]

Fair enough that makes good sense. What bothers me is that Ford’s actions probably were in a good long-term interests of Ford. It seems the ruling was very much focused on the short-term interests.