Stockholder Litigation
/ˈstɒkˌhoʊldər ˌlɪtɪˈɡeɪʃən/
Definitions
- (n.) Legal action brought by stockholders against a corporation, its officers, or directors, often to enforce shareholders' rights or address corporate mismanagement.
The stockholder litigation alleged breaches of fiduciary duties by the board of directors.
Forms
- stockholder litigation
- stockholder litigations
Related terms
See also
Commentary
Often involves claims of breach of fiduciary duty or violations of securities laws; careful pleading is required to establish standing and demand requirements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.