Shareholder Derivative Complaint and Verification (Federal) | Practical Law

Shareholder Derivative Complaint and Verification (Federal) | Practical Law

A sample complaint that a plaintiff may use to commence a shareholder derivative action in federal district court. This Standard Document contains integrated drafting notes with important explanations and tips for drafting the complaint's caption, preliminary statement, jurisdiction, and fact sections. This Standard Document also sets out allegations required for a derivative action in federal court, such as the derivative plaintiff's standing to sue, demand futility and wrongful demand refusal and contains drafting notes with important explanations and tips for drafting the legal claims, prayer for relief, and signature block.

Shareholder Derivative Complaint and Verification (Federal)

Practical Law Standard Document w-034-3423 (Approx. 33 pages)

Shareholder Derivative Complaint and Verification (Federal)

by Practical Law Commercial Litigation
MaintainedUSA (National/Federal)
A sample complaint that a plaintiff may use to commence a shareholder derivative action in federal district court. This Standard Document contains integrated drafting notes with important explanations and tips for drafting the complaint's caption, preliminary statement, jurisdiction, and fact sections. This Standard Document also sets out allegations required for a derivative action in federal court, such as the derivative plaintiff's standing to sue, demand futility and wrongful demand refusal and contains drafting notes with important explanations and tips for drafting the legal claims, prayer for relief, and signature block.