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Business Associations

Direct and Derivative Suits

It is necessary for every plaintiff bringing a lawsuit to have standing. The key for a plaintiff to show he has standing is to show a particularized harm to himself. When protecting investor interests  the investor may be directly harmed (e.g., loss of voting his rights) or the company, and therefor all investors, may be harmed in a manner that the investor feels should be remedied (e.g., acts of wrongdoing by the company's officers).