In Re Nuveen Fund Litigation

How courts have described this case

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

• finding that shareholders had no direct cause of action for dilution of shares where decrease in complaining sharehold ers’ ownership was caused by their failure to take advantage of their right to purchase new additional stock
• dilution in shareholders’ proportionate voting rights not basis for direct action, where proportionate rights changed because some shareholders exercised rights where others did not; defendants’ actions were same as to all

Source: CourtListener parenthetical corpus (CC0).