shareholders' derivative action
Alternative letter-case form of ASBO
plural of drill
plural of cithara
(US, law) A lawsuit brought on behalf of a corporation by a shareholder in that corporation, against a third party usually an insider of the corporation, such as an executive officer or director.
取締役会は、数名の取締役が受託義務に違反したとする株主代表訴訟を受けて厳しい監視にさらされた。
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