Joshua Is a Shareholder in Great Lakes Limited, a Company

Joshua is a shareholder in Great Lakes Limited, a company that manufactures sporting equipment. At the company's last annual general meeting, Joshua and the other shareholders were informed about some of the company's plans to expand its operations in a new product line. Armed with this information, Joshua started his own company which manufactured and sold the same products that great Lakes had planned to commence manufacturing. Which of the following statements is correct?

A) By starting his own company on the basis of information learnt at the annual general meeting, Joshua has breached a fiduciary duty owed to Great Lakes.
B) Joshua has not breached any duty owed to Great Lakes.
C) Great Lakes can obtain an injunction stopping Joshua from further acting on the information he learnt in the meeting.
D) By starting his own company in order to compete with Great Lakes, Joshua has breached a fiduciary duty owed to Great Lakes.
E) Great Lakes can obtain damages against Joshua for breach of a duty owed to it