Litigation brought by shareholders upon a corporation they feel has not pursued an appropriate cause of action. Generally, the corporation executive actions are examined during the lawsuit, for example, an executive accused of using the corporation's assets for personal use.
Related information about stockholder derivative suit:
- Stockholder's Derivative Suit - Legal Dictionary - The Free Dictionary
A legal action in which a shareholder of a corporation sues in the name of the corporation to enforce or defend a legal right because the corporation itself refuses ...
- Stockholder Derivative Suit - Financial Dictionary - The Free Dictionary
Stockholder Derivative Suit. Also found in: Legal, Encyclopedia, Wikipedia, 0.02 sec. Stockholder Derivative Suit. A lawsuit filed by one or more shareholders of ...
- stockholder derivative suit - Legal Dictionary - The Free Dictionary
A lawsuit brought by a shareholder of a corporation on its behalf to enforce or defend a legal right or claim, which the corporation has failed to do. A derivative ...
- What is stockholder derivative suit? definition and meaning
Definition of stockholder derivative suit: Litigation brought by shareholders upon a corporation they feel has not pursued an appropriate cause of action.
- stockholder derivative suit - Business Definition
stockholder derivative suit definition: A lawsuit filed by one or more of a company's stockholders in the name of the company. A derivative suit is filed when the ...
- Understanding the Shareholder's Derivative Suit
This is the basic concept of shareholder or stockholder's derivative suit. A shareholder's derivative suit is another sort of business litigation commonly brought ...
- Derivative Action Law & Legal Definition
A derivative action/suit, more popularly known as a Stockholder's Derivative Suit, is a lawsuit brought by a shareholder of a Corporation on behalf of the ...
- Director Independence and Derivative Suit Settlements
settle a stockholder's derivative suit.4 Rule 23.15 of the Federal Rules .... In a stockholder's derivative suit, the complaining stockholder is the party that litigates a ...