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I am interested in starting a shareholder advocacy group to represent the interest of shareholders who are not board members. I am a former board member who has substantial evidence of the misdealings of certain board members but find myself in a situation of dealing with a former president who seeks to continue the duties of that position not by actually holding the office but by placing another person in that office and being that person's mouthpiece. Whilst this former President has substantial knowledge, it is also thought that this Person has used this position for her own benefit, i.e., securing another unit that was for sale, employing a friend as contractor and paying an astronomical sum. . .the list can go on. How does a group of shareholders make their concerns know to such a conniving set of board members. . .????
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Forming a shareholder advocacy group sounds like a start. I would also suggest calling for a Special Shareholders Meeting and put all your concerns on the agenda. Perhaps, even over throwing those in power.
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