The Court in the Cohen V

The court in the Cohen v. Mirage Resorts, Inc. case stated:

A) a claim brought by a dissenting shareholder that questions the validity of a merger as a result of wrongful conduct on the part of majority shareholders or directors is properly a derivative suit.
B) a shareholder who opposes a merger must either accept the terms of the merger and exchange their shares for new shares or dissent from the merger and forfeit their stock.
C) minority shareholders may challenge the merger process if it is procedurally deficient or if fraud affected the shareholder vote on the merger.
D) minority shareholders have no right to sue to enjoin or rescind an invalid merger, but must be satisfied with money damages.