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P1305 A plaintiff who no longer owns stock in a corporation lacks standing to bring or maintain a shareholder derivative action.CitationGROSSET v WENAAS (Delaware Corporation) 42 C4 1100 [See: CorpC 800; Grosset v Wenaas (RevGrtd) 133 CA4 710, P/AT 11/05; State Farm v Superior Court 114 CA4 434, P/AT 1/04; Nedlloyd v Superior Court 3 C4 459, T/AT 11/92] |
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