I keep seeing people post that if the Twitter Board rejects Elon's offer, that they will have to resign for violating their fiduciary responsibility to the company.
Who exactly is going to force them to do that?
It's about ideology and control, not profits for these people. Without a legal mechanism that would FORCE them out, I see no reason why they would leave of their own accord. In their mind they ARE doing their duty and protecting Twitter's future.
The SEC is a nutless monkey. They have almost zero power to handle anything other than weak ass fines. The DOJ (while also likely still compromised) is the heavy hitter for the bad shit.