A pension fund sued Jeff Bezos and members of
The lawsuit, made public late Monday, says the board engaged in virtually no oversight over launch contracting for Project Kuiper, Amazon’s second-largest-ever capital expenditure—after its $13.7 billion acquisition of Whole Foods—despite obvious conflicts of interest raised by its reliance on a company owned by Bezos.
The board appears to have “devoted barely an hour before blindly signing off” on ...