Shareholder Derivative Litigation
Our Firm’s shareholder derivative practice initiates class actions on behalf of the corporation against senior management, directors, and other third parties for corporate misconduct. Shareholder derivative cases typically involve companies that are mismanaged, wasted corporate assets, or are involved in actions of self-dealing committed by the company management or directors. In these types of cases shareholders bring an action on behalf of the corporation because the company’s directors and officers, who run the company, cannot initiate a lawsuit against themselves even in the event of their own misconduct. If a recovery is achieved in a shareholder derivative action, monetary relief goes directly to the company resulting in an increase of the company’s share price and a profit for all shareholders.
If you wish to discuss a potential shareholder derivative case, please contact us at firstname.lastname@example.org or call toll free at 1-800-423-6013 for a free initial consultation.