When a company’s Board of Directors put their own interests above those of the company and its shareholders, they breach their fiduciary duties and can and should be held accountable.
Frequently Director misconduct can have serious consequences for the company, including regulatory and criminal prosecutions which hurts both the Company and its shareholders. The shareholder derivative action is one of the only means available to challenge these faithless fiduciaries who end up destroying the very companies they are supposed to be guiding.
The Law Offices of Andrew J. Brown has successfully represented numerous individual and institutional shareholders in derivative actions in cases all around the country, holding Directors accountable and bringing significant changes to the way companies operate.
Sample cases include:
- UnitedHealth Group, Inc. Shareholder Derivative Litigation
- Central Laborers Pension Fund v. Chellgren (Ashland Oil, Inc.)
- In re Cryolife Shareholder Deriv. Litig.