The monk of the way of beauty

Chapter 1134 Contradictions and Conflicts

"...you are different from others, Mr. Rand, you are compassionate, please, can you help us?" A woman said to herself tearfully, clutching Daniel Rand's hand tightly sadness.

Daniel Rand patted the woman's shoulder lightly, and said comfortingly: "We will solve this problem..."

"What an idiot!" After watching the above video, Ward couldn't help cursing fiercely. He looked up at Joey beside him, and asked angrily, "Does he even know what he's doing?" ?”

"I'm sure he doesn't know anything." Joey shook his head slightly and said, "But he represents the entire company. What are you going to do?"

This is serious, the woman, her son, and 14 others each with cancer filed a class action lawsuit against the RAND Corporation because they all lived in a chemical plant on Staten Island Within a radius of 1.6 kilometers, it was the chemical gas emitted by the chemical plant that caused them to suffer from cancer.

Facing such a class action lawsuit and facing such a huge claim, the RAND Group will not settle with them, because they have not violated any existing environmental laws and regulations, even if they found a link between factory emissions and disease, The RAND Group still abides by the law. In this case, it is the law, not the RAND Group, that should be held accountable. They cannot be responsible for the government's rules and regulations.

In this case, even though Joy sympathized with those people, she had to face them cruelly, because she knew that once her heart softened, the Rand Group would not only face huge claims, but they would also offend them. All the peers, as well as countless upstream and downstream enterprises.

There are four sources of law in the United States, which are constitutional law, administrative law, statute law, and common law.

The common law is also called the case law, because the American courts have inherited the principle of "following precedent", that is, the legal rules in a certain judgment are not only applicable to the case, but also often used as a precedent to apply to the court in the future. or cases under the jurisdiction of lower courts.As long as the basic facts of the cases are the same or similar, they must be dealt with according to the rules established by the precedent.

Once the RAND Group let go of this case, countless similar cases can be used as a precedent at one time. Many companies or groups similar to the RAND Group will have to pay huge compensation for this, and the RAND Group as a precedent Groups will also be mentioned again and again, and will be hated again and again.

Under such circumstances, it will be difficult for the Rand Group to continue to survive. Offending all companies in the United States, the company's upstream and downstream raw material supply and product output will be affected. Once the company's performance declines, it will affect the company's stock price. , then everyone will jump up and take a bite, and the existence of the Rand Group will become precarious, or even collapse directly.

Of course, this is the worst kind of situation. Joey and Ward are trying their best to avoid this kind of situation, but now this video of Daniel has become a sharp weapon in the hands of the other party, but Daniel is not at all. I don't know that I have been filmed and the serious consequences that may result.

"We didn't plan to reconcile before, and we won't reconcile now." Regarding this situation, Ward's position was unwavering. He stood up from behind his desk, poured himself a glass of whiskey, and said with a fierce face: "Especially when they asked for double compensation, it was nothing short of extortion."

"They didn't have any foothold before, but now they have." Joey took a light breath and said lightly: "The major shareholders of the RAND Group have taken responsibility."

"That's right!" Ward nodded heavily. The situation is indeed very serious. After he pondered for a moment, he said, "We can do it like this, 'The board members were deceived and forced to admit their fault. Legally speaking, Couldn't prove RAND was involved with any patients'. We'll win in court."

In a way, when Daniel Rand met the woman, Daniel knew nothing about the circumstances, he didn't know what the cause of the woman's son's cancer was, and he didn't know What mistake of the RAND Group caused this disease, and he didn't even know that a woman had just finished negotiating with the RAND Group.

"Even so, such a case can take years." Joey couldn't help being a little worried.

"But it's still cheaper than reconciliation." Ward shook his head slightly, looked at Joey with a worried and sympathetic look, and said, "Joy, these are obviously designed, I know you are a little guilty, but we can't ..."

"Ward, you don't have to worry about me, I know what I should do." Joey raised his head, looked at Ward seriously and said, "I think you should worry more about the public influence now, and now such a video has just appeared on the Internet." On social media, once it gets publicized..."

"Let me think about it." Ward took a deep breath. This is indeed something that must be paid attention to. For many years, the public image of the RAND Group has always been positive. The image is damaged, which is what they don't want to see.

Seeing Ward's tired look, Joy didn't have much to say. She picked up the document and said, "I'll ask Megan to convene the board of directors."

Hearing what Joey said, Ward raised his head and exhorted, "You have to make sure that idiot also attends the meeting."

Joybi didn't quite agree with this. She shook her head and said, "Throwing Danny to the wolves will only make things worse."

What Ward meant Joey understood very well that Daniel must take full responsibility for this matter. Ward planned to throw Daniel out on the board of directors and let him bear the blame of other shareholders on the board. Although Daniel Rand has 51 % of the absolute controlling stake, but he must also guarantee the interests of small and medium shareholders. If the interests of other small and medium shareholders are damaged due to his fault, then other small and medium shareholders can also sue in accordance with the law.

Although Daniel Rand cannot be called an idiot in terms of specific business operations, he is not familiar with many things, and if he is not careful, he will fall into the trap of others. Without the support of Jerry Hogarth, his The controlling stake is likely to be lost directly.

Now Daniel Rand can still secure his position as a major shareholder. On the one hand, he has only been in the company for a short time. On the other hand, he has the support of Joey and Ward in the company. By the way, behind him, there are Help from Jerry Hogarth.

Once Joey and Ward stand on the opposite side of him, once other senior officials of the company do not approve of his deeds, then other people who jointly occupy 49% of the company's shares can use Daniel as an excuse to damage the interests of other company shareholders Mention the lawsuit to the court, and the result of the lawsuit is likely to directly cause Daniel Rand to lose his controlling stake in the company, although he is still likely to be the company's major shareholder.

However, unless this kind of thing is in a desperate situation, it is generally not used lightly, otherwise the turmoil caused may directly lead to the disintegration of the RAND Group, and this is something no one wants to see.

Therefore, under such circumstances, Daniel Rand had to make some compromises, and try not to intervene in the company's specific business on the premise of maintaining his 51% equity.

You must know that although Daniel Rand owns 51% of the shares, he does not own 67% of the shares. There is a big difference in this.

If he owns 67% of the shares, then he owns 100% of the rights, and all shareholders of other companies can be kicked out by him at any time. Daniel can do this if he combines the shares held by Ward and Joey However, without the support of Ward and Joey, his control would be much weaker. Even when Ward and Joey stood on the opposite side of him, he could no longer do things unscrupulously.

And now, with the situation in front of him, Ward obviously wanted to teach Danny a lesson, so that he would not do whatever he wanted.

"You know, just before this happened, he came to my office and said something about dragons." Looking at Joey who stopped, Ward had to emphasize: "His heart is completely on the other side." In a world, Joey, we have to think about the company."

"I understand, Ward." Joey, who had already walked to the door, turned around and said, "But he lives in our world now."

(End of this chapter)