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Derivative Suit

Directors Must Investigate Shareholders' Concerns

Brad Reid | Posted 07.13.2013 | Business
Brad Reid

Directors have a fiduciary duty to shareholders to act with due care and in good faith. A fiduciary has a high standard of care that requires that informed decisions be made honesty and fairly.

Shareholders Must Go to the Corporation Before Going to the Courthouse

Brad Reid | Posted 02.14.2012 | Business
Brad Reid

While shareholders are the owners of a corporation, in everyday actions the board of directors and officers manage the business. If a shareholder disa...