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TopicThe Dominion v. Fox News $1.6 billion defamation trial has begun
Geiki_Ganger
04/18/23 11:22:04 PM
#275:


CableZL posted...
https://twitter.com/palmerreport/status/1648450714728038400?s=46

Correct term is a derivative action. Shareholders cannot sue their own company (cause that would be like suing yourself) so there is no such thing as a "shareholder suit." Instead, shareholders can apply to court for leave to act on behalf of the company and sue those who have wronged the company, including the company's own directors and officers.

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