If a shareholder class action suit is unsuccessful and has no reasonable foundation,the court may order the suing shareholder to pay:
A)the defendants' punitive damages.
B)the defendants' reasonable litigation expenses,including attorney's fees.
C)the defendants' compensatory damages for any damage to their reputations.
D)the defendants' reasonable litigation expenses,excluding attorney's fees.

Question

Quizplus · Accepted Answer

If the class action suit is unsuccessful and has no reasonable foundation,the court may order the suing shareholder to pay the defendants' reasonable litigation expenses,including attorney's fee.

If a Shareholder Class Action Suit Is Unsuccessful and Has