Saturday, April 27, 2024

Bill Ackman: @Harvard , @MIT , @Columbia et al couldn’t provide more prima facie supporting evidence for the various Title VI and class action lawsuits against the universities.

Bill Ackman warns the universities:
Recent events at , , et al couldn’t provide more prima facie supporting evidence for the various Title VI and class action lawsuits against the universities. The complaints just need to be updated to include the new facts. The plaintiffs are going to have a field day in court. The universities’ unwillingness to follow their own stated rules has emboldened the protesters to amplify their anti-Israel, antisemitic, and anti-American messaging and actions. It’s remarkable that even the likely severe economic costs of the litigation doesn’t motivate the administrations and governing boards to address the situation. That’s likely because there are no shareholders and it is therefore other people’s money. Yet another failure of the non-profit model. I am surprised the state attorneys general have not gotten involved as they are supposed to be important ‘regulators’ of non-profits. While it doesn’t happen often, board members of nonprofits can be held personally liable for their failures as fiduciaries. I would not be surprised to see that happen here.

Law suits are coming.