HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Law&EstatePlanning » stockholder derivative suit

Stockholder Derivative Suit

Definition
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.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.