Credit Suisse Shareholder: What Information Did the Board Have to Accept Such a Low Value Deal?

The video discusses the recent acquisition and the responsibilities of the board in this context. It highlights the need for independence in the board and the importance of transparency for shareholders. The discussion covers the valuation of the deal, legal rights under the Merger Act, and the role of the Federal Council. It also touches on compensation issues and potential legal actions to protect shareholder interests.

Why is it suggested that some board members should not be reelected?

• They lack objectivity and independence.

• They are too independent.

• They have served for too long.

• They are new to the board.

What is a key concern for shareholders regarding the deal valued at 3.25 billion?

• The board had no information.

• The deal was not approved by the board.

• The deal was too high.

• The deal undervalued the credits.

Under which article can shareholders contest the fairness of the deal?

• Article 110

• Article 105

• Article 115

• Article 101

What is one potential avenue for shareholder compensation discussed?

• Issuing new shares

• Increasing share value

• Activating clawbacks on bonuses

• Reducing board salaries

What complicates the legal action regarding the deal?

• Lack of evidence

• Complexity of the legal process

• Support from the Federal Council

• Approval from all shareholders