Shareholder Derivative Litigation
Holding directors and officers accountable when they breach their duties to the company.
When the officers and directors of a publicly-traded company breach their fiduciary duties, they don't just harm investors; they harm the company as well. The corporate insiders who control the company are not expected to sue themselves — that's where the shareholder derivative action comes in. In a derivative action, shareholders enforce the corporation's rights and remedy its injuries when the board of directors fails or is too conflicted to do so. The derivative action is practically the only remedy for calling management to account for its wrongs against the corporation and to recover damages. Our attorneys have recovered tens of millions of dollars for injured companies, recouped excessive and wrongful director and executive compensation, and secured critical corporate governance changes designed to safeguard companies from future harm.
See related investigations