Crown Castle co-founder Ted Miller sues board, Elliott Investment, over agreement allowing Elliott to appoint directors. El cofundador de Crown Castle, Ted Miller, demanda a la junta directiva de Elliott Investment por un acuerdo que permite a Elliott nombrar directores.
Crown Castle's co-founder, Ted Miller, filed a lawsuit against the company's board and Elliott Investment Management, seeking to invalidate an agreement that allowed Elliott to appoint two directors to the board. El cofundador de Crown Castle, Ted Miller, presentó una demanda contra la junta directiva de la empresa y Elliott Investment Management, buscando invalidar un acuerdo que permitía a Elliott nombrar dos directores para la junta. Miller claims the agreement misaligns Elliott's short-term profit incentives with the long-term interests of Crown Castle and its shareholders, and that it infringes on board responsibilities and violates the company's bylaws. Miller afirma que el acuerdo desalinea los incentivos de ganancias a corto plazo de Elliott con los intereses a largo plazo de Crown Castle y sus accionistas, y que infringe las responsabilidades de la junta directiva y viola los estatutos de la empresa.