http://www.coyoteblog.com/coyote_blog/2005/06/shareholder_sui.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.coyoteblog.com/coyote_blog/2005/06/shareholder_sui.html/comment-page-1#comment-1387 Matthew Tue, 21 Jun 2005 04:57:45 +0000 http://coyote-blog.com/wordpress/2005/06/shareholder_sui.html#comment-1387 <p>Suing for damages from the company is a bit tweaky, but going after the CEOs for criminal charges, and grabbing their ill-gotten personal assets seems like a great idea. When there is actual fraud and culpability of course.</p> Suing for damages from the company is a bit tweaky, but going after the CEOs for criminal charges, and grabbing their ill-gotten personal assets seems like a great idea. When there is actual fraud and culpability of course.

]]> http://www.coyoteblog.com/coyote_blog/2005/06/shareholder_sui.html/comment-page-1#comment-1386 honestpartisan Mon, 20 Jun 2005 22:26:43 +0000 http://coyote-blog.com/wordpress/2005/06/shareholder_sui.html#comment-1386 <p>I agree with your post to some extent, but I'm left wondering what remedy you would contemplate for, say, a shareholder who was induced to buy stock based upon a fraud perpetuated on them by a corporation. If suing the corporation doesn't make sense, as you argue, what civil remedy is there? Sanctions by the SEC? I was under the impression that shareholder derivative suits exist in part because the SEC just doesn't have the resources to police all of the fraud that goes on out there.</p> I agree with your post to some extent, but I’m left wondering what remedy you would contemplate for, say, a shareholder who was induced to buy stock based upon a fraud perpetuated on them by a corporation. If suing the corporation doesn’t make sense, as you argue, what civil remedy is there? Sanctions by the SEC? I was under the impression that shareholder derivative suits exist in part because the SEC just doesn’t have the resources to police all of the fraud that goes on out there.

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