Legal Question in Business Law in Texas
business law
Does a shareholder have the right to bring a suit on behalf of the corporation against executive officers and directors for improper conduct?
Asked on 2/28/07, 2:23 pm
2 Answers from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: business law
Yes. That's called a shareholder's derivative action.
Answered on 2/28/07, 3:38 pm
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