Citizens National Bank of St. Petersburg v. Peters

How courts have described this case

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

• noting that in a derivative action “the injury is primarily against the corporation, or the shareholders generally [and that] the cause of action is in the corporation and the individual’s right to bring it is derived from the corporation.”
• “[A] stockholder may bring a suit in his own right to redress ari injury sustained directly by him, and which is separate and distinct from that sustained by other stockholders.”

Source: CourtListener parenthetical corpus (CC0).