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Helpfully, the company reported that on the recommendation of one shareholder, the Chairman, Roger Phillimore, called for a minute's silence at the meeting in memory of the tragic violence.
This provision, known as pre-emption rights, was intended to remove the threat of one shareholder, or an outside party, taking a majority interest.
"I do not want the achievements of the past year and the future potential of the business to be overshadowed by the recent hostile comments of one shareholder," Rake told the meeting.
In the well-publicized dismissal of one shareholder lawsuit last August 14th, U.S. District Judge William Pauley cited the fact that "plaintiffs failed to present enough evidence of 'red flags' to suggest that directors should have recognized deficiencies in Goldman's mortgage servicing and securitization operations".
But the idea of "one shareholder, one vote" has still not been fully implemented, particularly in continental Europe.
"In our view, this value destruction is due to the poor judgment, interference, and conflicts of interest of one shareholder," K.K.R. H Partners, a hedge fund based in New York, has recorded big gains on troubled companies in the past.
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Volkswagen's corporate bylaws now limit the voting rights of any one shareholder to no more than 20percentt of the total.
'[ABN] is inefficient and [RBS] will get a lot of synergy benefits,' said one shareholder.
"He owns the vast majority of the company," wrote one shareholder.
But shareholders believe the $32m of unauthorised payments is the tip of the iceberg or, as one shareholder puts it, 'a much smaller and totally different iceberg'.
Kimbal Musk and Gracias, like Jurvetson, also sit on the board of Tesla, much to the chagrin of one prominent shareholder advisory firm that has urged the company to boot them out.
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