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“Direct Versus Derivative in Shareholder Litigation: Is It an Ad Hoc Inquiry?” Today’s General Counsel

Whenever a shareholder brings a claim involving the company’s officers and directors, the court must decide whether the shareholder is suing for harm suffered individually, and the claim is direct – or if the alleged harm is suffered by the company, and the claim is derivative. Distinguishing between direct and derivative claims, however, has become […]

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