top of page


KNET, Inc. v. Ruocco: Issuing Stock for Inadequate Consideration
By Jeffrey M. Haber From time to time, this Blog has written about lawsuits involving corporations, including those brought as shareholder derivative actions (here). As this Blog explained, a derivative action is a lawsuit brought by a shareholder of a company, on behalf, and for the benefit, of the company to enforce or defend a legal right or claim. Derivative actions seek the recovery of damages and/or equitable relief arising from unlawful or improper conduct engaged in b

Jeffrey Haber
Jan 5, 20177 min read
bottom of page
