References in periodicals archive ?
During fiscal 2001, $431,445 of expenses related to the termination of the stockholder derivative suit and a $125,000 one time fee for termination of a previous line of credit were included in operating expenses.
We were able to terminate a stockholder derivative suit, which had significantly impacted the ability of management to grow and develop our business.
While a "loser pays" system remains uncertain in Delaware, in 2014, Oklahoma became the first state to adopt a law mandating fee shifting in stockholder derivative suits.