The County of Los Angeles filed suit today against social media gaming platform Roblox alleging that the platform failed to protect children from predatory behavior. The lawsuit alleges that while Roblox markets itself as a safe digital space for creativity, it is in reality an unsafe online environment that has become a breeding ground for predators.
Can’t interfere with that revenue growth
Shareholders need to be held accountable for the unethical, immoral and illegal activities of their owned businesses. Until there is a financial incentive for business to be run ethically, morally and legally for the shareholders, nothing will ever change. It is perhaps the biggest problem with capitalism today.
Fiduciary duty is just white-collar-washed sociopathy.