Former National Chair Nick Sarwark is organizing a derivative lawsuit against the Libertarian National Committee. A non-lawyer’s explanation from Editor Phillies of derivative lawsuits, also seen by stockholders against a board of directors. There are a group of people who legally run the organization, typically the board of directors, There are a group of people who in some sense own…
Posts published in February 2024
A report from “Jim”. (Elevated from an important comment on the previous story) “Jim” gives us us FEC fundraising totals for multiple third parties and the last three years in which they filed. The Greens are a fifth or a tenth the size of the Libertarians. The Constitution Party is half the size of the Greens. No labels is closing…
From the LNC’s FEC filing for year-end: Income for December $145,670 of which $96,006 was itemized and $49,158 was not itemized. Total Income for the year $1,222,313. Disbursements for December $102,971 Debts and obligations at years’ end $17,497, up from $7,645 at the end of the prior month. In 2019, the total income for the year was $1,788,712. Allowing for…