NVIDIA Corp. v. City of Westland Police & Fire Ret. Sys.

9/25/2025 pdw

Shareholders may want books and records to determine whether the directors are mismanaging the company. That would be a proper purpose. But it's also a little too easy. Every shareholder could just make this broad, unsubstantiated claim to get access. This case discusses the standards that apply when a shareholder alleges mismanagment as the purpose for a books and records request.

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