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In a criminal case, the object is to obtain a remedy.
Shareholder Class Action
A lawsuit filed by one or more shareholders on behalf of a group of shareholders against a company, its management, or its board of directors for actions that have harmed the shareholders' interests.
Reasonable Litigation Expenses
Costs that are considered necessary and appropriate for the conduct of a legal case, including attorney fees, court fees, and other related expenses.
Defendants' Punitive Damages
Financial compensation that a defendant may be ordered to pay, over and above the actual damages, to punish and deter particularly egregious conduct.
Majority Shareholder
An individual or entity that owns more than 50% of a company's shares, giving them significant control over company decisions.
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