What’s security worth?

“Overstock.com Shares Fall on Crypto Probe,” The Wall Street Journal, March 2, 2018 B10.  After they disclose an SEC investigation into sales of digital tokens, share price drops nearly 5% (initially, it was worse).

I suspect the shareholders are not amused.  But will the compliance spending budget go up?  Are the tokens securities?  The legal spending will definitely increase.

Will the Board’s compensation keep pace?

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Filed under Board, Compliance, Compliance, Corporation, Directors, Duty, Duty of Care, Governance, Oversight, Oversight, Risk assessment

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