The company's stock price has fallen since then from $66 a share to $58, though it's still higher than its 52-week low of $44 from September 2022, which was well before the company's recent controversies. Derivative lawsuits are filed by shareholders on behalf of a company against a corporation's directors or officers alleging breach of duties.ĬNN has reached out to AB InBev for comment.Īt the end of March, Florida's pension fund held more than 682,000 shares of AB InBev valued at the time at nearly $46 million. Speaking to Fox News on Thursday night about the letter, DeSantis said the state may consider a "derivative lawsuit" against AB InBev. DeSantis oversees the board as a trustee along with the state's attorney general and chief financial officer, both also Republicans. "We must prudently manage the funds of Florida's hardworking law enforcement officers, teachers, firefighters, and first responders in a manner that focuses on growing returns, not subsidizing an ideological agenda through woke virtue signaling," DeSantis wrote in the letter to Lamar Taylor, the interim director of the State Board of Administration, the state agency that manages Florida's retirement funds for public workers. "All options are on the table," DeSantis wrote, as the state reviews the impact of AB InBev's recent financial downturn, though it's unclear what legal recourse the state might have to challenge a multinational corporation's business decisions. In a Thursday letter obtained by CNN, DeSantis suggests AB InBev "breached legal duties owed to its shareholders" when it decided to associate with "radical social ideologies." Sales of Bud Light have plummeted in the months since it entered into a minor partnership with transgender influencer Dylan Mulvaney that precipitated a boycott from conservatives. Ron DeSantis is urging the state's pension fund manager to consider legal action against Bud Light's parent company amid conservative backlash to the beermaker's recent marketing efforts, the latest attempt by the Republican presidential candidate to inject himself and the state he runs into the country's culture wars. It enables you to save time and make the process quick and painless, even if you are a beginner.Florida Gov. Wii Backup File System Manager is a great tool that helps you manage your WBFS files and access content from these drives. There are few menus and buttons on the interface, making it easy to go through and not intimidating to beginners. It will simply save you a lot of time, thanks to the user-friendly interface that it sports. The WBFS Manager is also quite easy to use, even if you already have a lot of knowledge of command lines. This tool makes it easy for users that don’t have the necessary knowledge to do all of those things via a command line. You can also format them to WBFS easily, add backups, and extract ISO files. There is no native way to do this, so you’ll need a third-party app like this.Īnother great thing about this tool is that you can bundle many files you want to deploy your ISO to your USB drive and do that. It also enables you to save space on your disk, as it will reduce the sizes of your files to even below the 100MB mark. The great thing about the WBFS system is that it helps you launch Wii games straight from an external disk while also saving you a lot of space and effort. It is a great app, especially for beginners who don’t know how to use a command line or for people who want to save time and do this more easily and quickly. This tool will be very handy if you have Wii backups stored on your WBFS system. WBFS Manager lets you manage the Wii backups easily and quickly and provides a simple and intuitive interface that makes things easy.
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