
Nvidia board hires counsel amid Huang affair and spy questions
Shares fell about 9.5% in two days; a proposed class action says Megaspeed dealings were misdescribed.
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Shares fell about 9.5% in two days; a proposed class action says Megaspeed dealings were misdescribed.

A benefit trust elects a board majority, and founders jointly hold 50.1% voting power for up to ten years.

A long-term benefit trust would pick four of seven directors, while Founder LLC holds 50.1 percent of voting power.

Anthropic's seven founders are seeking super-voting shares for 50.1% control ahead of an IPO.

Anthropic's $2 trillion IPO spotlights its external trustee governance, removable only by an 85% shareholder supermajority that may shift post-listing.
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