A shareholder who is being pushed out of a company by the other shareholders because they hold a majority of common shares can always use the remedy of a derivative action.

Question

Quizplus · Accepted Answer

A derivative action is a lawsuit brought by a shareholder on behalf of the corporation against a third party, often for breaches of fiduciary duty. It does not directly address disputes between shareholders or the issue of being pushed out by majority shareholders.

A Shareholder Who Is Being Pushed Out of a Company