“legal reasons” is pretty vague. With billions of dollars at stake, it seems like public statements can be used against them more than it helps them, should things come down to lawsuits. It’s also the case that board members are people, and want to maintain their ability to work and have influence in future endeavors, so want to be seen as systemic cooperators.
I should have specified WHO they want to cooperate with in the future. People with lots of money to spend—businesses. Silence is far preferable to badmouthing former coworkers.
“legal reasons” is pretty vague. With billions of dollars at stake, it seems like public statements can be used against them more than it helps them, should things come down to lawsuits. It’s also the case that board members are people, and want to maintain their ability to work and have influence in future endeavors, so want to be seen as systemic cooperators.
But surely “saying nearly nothing” ranks among the worst-possible options for being seen as a “systemic cooperator”?
I should have specified WHO they want to cooperate with in the future. People with lots of money to spend—businesses. Silence is far preferable to badmouthing former coworkers.