Comment Re:As a shareholder.... (Score 1) 14
You both got, and missed, the point.
Yes, it will cost shareholders money. But not the shareholders suing. Just all the rest of the retail shareholders that don't have enough clout to tell these "activist" investors to go pound it up their asses.
This happens every time a company has a problem reaching a stated goal, because these assholes don't believe they should share the risk, when sharing that risk is exactly what was signed up for when they invested in the company.