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Wrongful Act
An act that is illegal or immoral, leading to legal liability or moral condemnation.
Similarly Affected
A phrase used to describe individuals or entities that experience the same or similar impacts from an event or action.
Shareholders
Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters.
Corporation
A legal entity that is separate and distinct from its owners, providing them with limited liability.
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