I am a shareholder (roughly 20%) and do not have board representation. The company had a shareholder meeting which I was not invited to or aware of. I got a letter in the mail stating that the meeting was held and the board of directors were re elected. Doesn't the company have a requirement to inform me of a shareholder meeting and don't I have a right to vote etc?
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I am a shareholder (roughly 20%) and do not have board representation.
Why? Seriously, 20% makes you a major investor in pretty much any company.
Doesn't the company have a requirement to inform me of a shareholder meeting and don't I have a right to vote etc?
You own 20%. Yes, they do have to invite you of a meeting of people ONWNING them.
That is, IF this is a standard setup and you have shares allowing a stanard vote, which gives you 20% of the votes.
Not if your shares do not have any rights. Which you should know - you got them, you should have read the shareholders agreement and relevant by-laws.
TomTom
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