shareholders' derivative action


Business law dictionary. 2015.

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  • shareholders' derivative action — n.    a lawsuit by a corporation s shareholders, theoretically on behalf of the corporation, to protect and benefit all shareholders against the corporation for improper management.    See also: derivative action Law dictionary. EdwART. 2013 …   Law dictionary

  • shareholders' derivative action — noun A lawsuit brought on behalf of a corporation by a shareholder in that corporation, against a third party usually an insider of the corporation, such as an executive officer or director. Syn: shareholders derivative suit …   Wiktionary

  • derivative action — n: a suit brought by a shareholder on behalf of a corporation or by a member on behalf of an association to assert a cause of action usu. against an officer which the corporation or association has itself failed to assert for its injuries –… …   Law dictionary

  • derivative action —    A lawsuit brought by a corporation shareholder against the directors, management and/or other shareholders for a failure by management. The suing shareholder claims to be acting on behalf of the corporation because the directors and management …   Business law dictionary

  • derivative action — A legal action brought by a shareholder on behalf of a company, when the company cannot itself decide to sue. A company will usually sue in its own name but if those against whom it has a cause of action are in control of the company (i.e.… …   Accounting dictionary

  • derivative action — A legal action brought by a shareholder on behalf of a company, when the company cannot itself decide to sue. A company will usually sue in its own name but if those against whom it has a cause of action are in control of the company (i. e.… …   Big dictionary of business and management

  • stockholders' derivative action — n.    See also: derivative action, shareholders derivative action Law dictionary. EdwART. 2013 …   Law dictionary

  • Derivative (disambiguation) — Derivative, in calculus, is a measurement of how a function changes when the values of its inputs change. Derivative may also refer to: Derivative (finance), a contract whose value is derived from that of other quantities Derivative (chemistry),… …   Wikipedia

  • Derivative suit — A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director. Shareholder derivative suits… …   Wikipedia

  • Class action — This article is about the legal term. For names of various art works, see Class Action (disambiguation). Civil procedure in the United States Federal Rules of Civil Procedure Doctrines of civil procedure Jurisdiction Subject matter jurisdiction… …   Wikipedia

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