Shareholders' Derivative Actions

If a derivative action is favorably resolved, the officers and/or directors that were harming the company (the individuals who either received the corporate asset or the officers and directors who chose not to bring the action to recover the asset or its value) may be required to make monetary payments to the company. In addition, a successful derivative action may also include important corporate governance changes, so that the type of conduct complained of in the derivative action will not occur again. If either one (or both) of these forms of relief is accomplished, all current stockholders will benefit and it may very well have a positive effect on the company's stock price.

If you believe that a company has a legal right but for some unknown reason is refusing to take legal action to enforce such right, please contact us at info@DS-L.com. As with all derivative cases brought by Danziger Shapiro & Leavitt, P.C., we will be paid a fee (subject to approval by the court) on a contingent basis.    back...