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In order to bring a shareholder\'s derivative lawsuit, a shareholder must first

ID: 2378915 • Letter: I

Question

In order to bring a shareholder's derivative lawsuit, a shareholder must first do what?
a. demand in writing that the directors sue and wait 90 days
b. wait 90 days after a board of directors' meeting
c. contact a lawyer and certify a class action
d. send a written notice of intent to sue to the board of directors one ans
In order to bring a shareholder's derivative lawsuit, a shareholder must first do what?
demand in writing that the directors sue and wait 90 days
wait 90 days after a board of directors' meeting
contact a lawyer and certify a class action
send a written notice of intent to sue to the board of directors one ans
a. demand in writing that the directors sue and wait 90 days
b. wait 90 days after a board of directors' meeting
c. contact a lawyer and certify a class action
d. send a written notice of intent to sue to the board of directors one ans

Explanation / Answer

demand in writing that the directors sue and wait 90 days a. demand in writing that the directors sue and wait 90 days
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