A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a
corporation against a third party. Often, the third party is an insider of the ...
Definition A shareholder derivative suit is a lawsuit brought by a shareholder on
behalf of a corporation. Generally, a shareholder can only sue on behalf of a ...
In the case of a derivative action suit, it is not uncommon for a court to require that
the company or the shareholder filing the suit give notice to other shareholders ...
legal-dictionary.thefreedictionary.com/Stockholder's Derivative Suit
Stockholder's Derivative Suit. A legal action in which a shareholder of a
corporation sues in the name of the corporation to enforce or defend a legal right
May 20, 2013 ... A shareholder acting on behalf of a corporation may bring a "derivative suit"
against corporate directors and management for fraud ...
They can also bring a shareholder derivative lawsuit, in which shareholders sue
company management on behalf of all shareholders. Each type of legal action ...
September 1949. Abuses of Shareholders Derivative Suits: How Far. Is
California's New Security for Expenses Act. Sound Regulation. Henry W.
suit by the shareholders to compel the corporation to sue. Second, it is a suit by
the ... shareholder on behalf of a corporation, derivative suits also may be filed by
Jan 2, 2015 ... Even if you believe that shareholder litigation is an effective means of
compensating investors for corporate misconduct, you have to wonder ...
Derivative claims present a serious exposure to directors ... Dictionary, the term
refers to “a suit by a shareholder to ... An action is a derivative action when the.