Who pays when shareholders sue their own company?

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I mean, they own the company, and if the company has to pay the shareholders then they’re basically paying themselves right?

To clarify – it’s when the company is sued, not the executives.

In: Economics

3 Answers

Anonymous 0 Comments

When shareholders sue their own company it is usually about things like, these specific people got shares they shouldn’t have so take it back and give it equally to all shareholders.

Suing for a lump sum of cash is as you probably assumed pretty useless since it just takes the money from themselves.

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