Comment / Analysis: Expeditors – fiduciary duty is not a crime scene

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(Editor’s note: this is Lawrence Lim’s debut for Premium as senior columnist. Lawrence is an investment professional at private equity firm EmergeVest, owner of EV Cargo. More details about Lawrence can be found at the bottom of this column.)

Key takeaway: Adam Clermont has built an impressive corpus documenting Expeditors’ layoffs, and I don’t doubt the pain behind it. But sympathy for the laid-off and a sound financial theory are two different things, and several of the theories built on ...