The St. Joe Company Reassures Employees/Public of its Financial Strength
Recently, current St. Joe Co. CEO Wm. Britt Greene released a statement to employees in response to the news of shareholders taking action against the embattled real estate developer. In addition, two members of its board of directors resigned after only six weeks of service. Greene assured the employees that despite these recent events, the company is still viable and "financially strong."
The company, in recent months, has modified its corporate bylaws and hired Morgan Stanley as its new financial adviser in an effort to further protect the interest of its shareholders.
If you have questions regarding corporate compliance, shareholder protection/interest, or general business inquiries, please contact one of the attorneys with Wood, Atter & Wolf, P.A. to set a consultation.
