Representative Action in United States

Practical Information

Note: Some of this information was last updated in 1982

In corporate law, a suit brought to redress injury to the stockholders rather than to the corporation (in U.S. law). (See derivative action (in U.S. law).) Types of injury that would give a stockholder the right to start a representative action would be wrongful deprivation of the right to vote, to transfer stocks, to share in dividends, or to exercise preemptive rights (in U.S. law). One stockholder may bring the action on behalf of himself or herself and all other stockholders who may be similarly damaged.

(Revised by Ann De Vries)

What is Representative Action?

For a meaning of it, read Representative Action in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Representative Action.