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Shareholder Derivative Lawsuits

What Every Business Owner Needs to Know About Shareholder Derivative Lawsuits

Shareholder Derivative Lawsuits Shareholder derivative lawsuits are claims that belong to the corporation but are filed by individual shareholders because the management or Board of Directors is unwilling or unable to initiate the lawsuit. These lawsuits are used to expose fraud or other breaches and can also be a practical course of action when management…

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