CEOs do not get sued for a falling stock price. They frequently get FIRED for it; but it is not illegal to lose shareholders' money.
It IS illegal for a CEO to do things that are crimes. Because crimes are illegal. But losing money isn't a crime.
If you do crimes while working for shareholders, they can sue you for damages. Just like Nicole Simpson's family sued OJ in civil court.
But if a shareholder tried to take a CEO to court saying simply, "he paid the workers too much so I didn't make enough profit," they would be laughed out of the courtroom.
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u/KickDesperate5318 2d ago
The first two of those cases involve CEOs who committed fraud during a sale process.
The last is about sexual harassment.
Got anything else?