A case of Matt Levineās āEverything is Securities Fraudā. Iām curious why not sue directly for breaking the law? My guess is because you wouldnāt have standing?
The plaintiffs in this lawsuit are suing on behalf of Costco, derivatively. They want what is best for Costco. And whatās best for any company is to follow the law.
Iām not sure if that answers the question but hopefully it does!
A case of Matt Levineās āEverything is Securities Fraudā. Iām curious why not sue directly for breaking the law? My guess is because you wouldnāt have standing?
JP, that article was hilarious!
The plaintiffs in this lawsuit are suing on behalf of Costco, derivatively. They want what is best for Costco. And whatās best for any company is to follow the law.
Iām not sure if that answers the question but hopefully it does!