A lawsuit for a corporation by the shareholders against a director or officer. They want damages for lack of dugy or mismanagement. AKA derivative suit.
A lawsuit for a corporation by the shareholders against a director or officer. They want damages for lack of dugy or mismanagement. AKA derivative suit.
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.