Abstract
There is more shareholder litigation, for better or worse, in the United States than in Australia. Perhaps some of the reasons why shareholder litigation is pursued more vigorously in the US are the ability of shareholders to retain legal counsel on a contingency fee basis, the rules requiring the corporation to pay the shareholders’ attorney’s fees, and the shareholder derivative suit mechanism. These remedies are not commonly available in Australia. The objective of this paper is to address some of the issues relevant to the relative ease with which injured shareholders in the United States may pursue their claims against corporate management.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
