Executives of publicly traded companies have a duty to act in the best interest of their shareholders. When a company’s directors and officers commit fraud, act negligently or otherwise exercise poor management, oursecurities litigation attorneys can take legal action to help put the company back on the right track.
In most cases, shareholder derivative lawsuits are filed by an investor or group of investors on behalf of the corporation to compel the board of directors to remedy or prevent harm to the company and, ultimately, those who have invested in it. By providing shareholders with a legal mechanism for challenging corporate behavior, these lawsuits serve an important function in protecting shareholders and improving corporate governance measures.
Our securities attorneys represent both institutional investors and individual shareholders in derivative actions. Contact us today to learn more about how we can help.