In the Matter of Robert S. Guyton

How courts have described this case

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

• alleged mismanagement adversely affected plaintiffs only as owners of corporate stock, and thus could only be challenged in derivative action
• “[T]he wrong underlying a derivative action is indirect, at least as to the shareholders. It adversely affects them merely as they are the owners of the corporate stock; only the corporation itself suffers the direct wrong.”

Source: CourtListener parenthetical corpus (CC0).