You&#x27;re always welcome to consult a lawyer, but odds are there won&#x27;t be much you can do.  It&#x27;s not uncommon to wipe out common shareholders where the preferred stock and other debtholders take all the money out of the acquisition.<p>It&#x27;s also difficult to weigh in without knowing the specifics, and even then the specifics from your perspective might be very different from the perspective or facts the board is running with.<p>I realize the director receiving 1 million may seem unfair (and it may even BE unfair), but it might also be whatever his&#x2F;her agreement is with the company.