Discovery
Civ-Pro
Case Summary |
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P0778 The gravamen of an action against corporate officers and directors for alleged breach of fiduciary duty that caused a decline in the value of stock is damage to the corporation, so shareholders lack standing to sue in their capacity as individuals.CitationSCHUSTER v GARDNER (Corporate Mismanagement) 127 CA4 305 [See: Avikian v WTC 98 CA4 1108, P/AT 7/02] |
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Finz Case Law Summaries (Finz Advance Tapes)
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