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Expert Analysis

10 Pitfalls For Shareholder Derivative Litigants

By Bryan Ketroser ( November 16, 2018, 2:51 PM EST) -- When most attorneys think of "representative" litigation, they think of class actions, in which one party (or perhaps a few) sues on behalf of a group of similarly situated members. But the law recognizes several other types of representative actions. For instance, qui tam and Private Attorney General Act suits enable individuals to sue on behalf of the federal government or California government, respectively, typically with a statutory right to receive a portion of recovered proceeds....

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