If he wants to buy stock from a company and then proceed to close it down, it's his affair. It's his money. It's a perfectly legitimate business practice.
And no, he's not harassing anyone. Being a lawyer, he most likely knows where to draw the line.
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to do that he'd have to have about 50% of the company stock under his ownership... that means he'd have to be either a founding member of the company or he'd have to be friggin loaded to pull it off.