Timeline for How is a shareholder allowed to sue the company?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 3, 2019 at 23:54 | vote | accept | SJuan76 | ||
| Sep 26, 2016 at 20:11 | comment | added | Dale M♦ | @MartinBonner is spot on, however, you might sue an insolvent entity to trigger an insurance policy | |
| Sep 26, 2016 at 15:19 | comment | added | Martin Bonner supports Monica | Once Enron was bankrupt, there would (in general) be no point in suing Enron. VW is still solvent. | |
| Sep 26, 2016 at 14:19 | comment | added | SJuan76 | Similarly, in the case of WorldCom it cites as defendants the entities through which WorldCom shares were sold to the public. Do you have a more specific example were the company was explicitly sued? | |
| Sep 26, 2016 at 14:18 | comment | added | SJuan76 | Thank you for your answer, but I have some trouble with your list. For example, I searched for Enron and I found that lawsuits against board members, Arthur Andersen and three people from NatWest. Lawsuits from investors were started way after Enron had filed for bankruptcy; of the three investor lawsuits it seems they targetted (and the settlements were paid by) banks that helped Enron fraud (BoA, JPMorgan, Citigroup & others), only in the case of the ex-employees fund it mentions insurance policies (which are not clear if were covering Enron or for the fund itself). | |
| Sep 26, 2016 at 12:53 | history | answered | Dale M♦ | CC BY-SA 3.0 |