this post was submitted on 01 May 2025
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[–] FreedomAdvocate@lemmy.net.au 0 points 2 days ago (1 children)

So I'm a fool for believing the board members, but you're not the fool for believing some random journalist printing a rumour with no sources, with nothing even remotely supporting it, who reached out to the company for comment and then refused to print their comment denying it, and printed the unsubstantiated rumour anyway?

Especially when its the reputation of the WSJ

I'm assuming you were using this as a way of defending the WSJ, but it really doesn't.

I’ll give you a hint: what do you think would happen to the stock price of literally any company if the board confirmed they were ousting the CEO before the CEO was out?

No comment. No reply. An outright denial leaves them open to all sorts of lawsuits if they then go and do it.

Your understanding of what companies can and will sue for is remarkably bad.