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From: doug@terak.UUCP (Doug Pardee)
Newsgroups: net.micro,net.micro.mac
Subject: Re: Apple suing Jobs
Message-ID: <825@terak.UUCP>
Date: Fri, 25-Oct-85 14:18:36 EST
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Posted: Fri Oct 25 14:18:36 1985
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> A stockholder suit is no fun, and I'm sure that Apple's lawyers told
> Scully, et all, 'If you don't sue him for this violation of his fiduciary
> responsibility, some stockholders will sue him, AND YOU.' or words to
> this effect.

This is an important point.  Many of us separate the people who work for
a company into "workers" and "management".  Being at the "worker" level,
we are unaware the there are actually three levels:  workers, employee
managers, and company officers.

A company officer (especially in a company like Apple where the stock is
traded publicly) is in a totally different situation from the everyday
employee managers.  In particular, he is the company's legal
representative, and so is held *legally* responsible for how his actions
(or inaction) affect the company.  If he misbehaves, he has a lot more
to worry about than being fired.  Like lawsuits, or even prison.

Unless someone shows that Jobs was not a company officer at Apple, Jobs
is in deep water with his actions.  The "Errors and Omissions"
insurance policy isn't likely to pay off on this one!
-- 
Doug Pardee -- CalComp -- {calcom1,savax,seismo,decvax,ihnp4}!terak!doug