Alario v. Miller

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding no individual action exists if damages are only indirectly sustained by shareholders as a result of injury to corporation
• “If the damages are only indirectly sustained by the stockholder as a result of injury to the corporation, the stockholder does not have a cause of action as an individual.”

Source: CourtListener parenthetical corpus (CC0).