I should have noticed the lawsuit option earlier. That is because the only path for that that seems to be readily available argument wise is the derivative path (on behalf of the corporation) and that requires asking management to correct the action, first. Still it is not a bad idea to start doing this now in case they want to continue this closing stores everywhere game for some more time. So based on this I do not see that I can do much with a lawsuit at this time and therefore no longer sure I am going to do so . Also, contrary to what my talk about class actions lawsuits may suggests, any recovery obtained through the derivative path is for the corporation not the shareholders directly.
On second thought, if a wrong as obvious as this requires asking management to correct their action, before filing a derivative lawsuit, wouldn't that open a potential for an endless process here? They could correct only a fraction of the problem. So, in that case, would correcting that resulted new thing also requires asking management again to correct their action? If no, then wouldn't that be based on that it is an obvious wrong? So why was it required to ask management to correct their action toward that first obvious wrong at the start?
On second thought, if a wrong as obvious as this requires asking management to correct their action, before filing a derivative lawsuit, wouldn't that open a potential for an endless process here? They could correct only a fraction of the problem. So, in that case, would correcting that resulted new thing also requires asking management again to correct their action? If no, then wouldn't that be based on that it is an obvious wrong? So why was it required to ask management to correct their action toward that first obvious wrong at the start?
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