Members may sue directors for waste in paying themselves fees

A trial court in New York City has allowed members of a nonprofit housing cooperative to sue directors of the corporation for breach of fiduciary duty and corporate waste after the directors took fees for providing services to the organization.

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October 29, 2024

Marketers love to make their prospects feel special. But they sometimes don’t seem to want you to think about what they say to do it.

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Members may sue directors for waste in paying themselves fees

Members may sue directors for waste in paying themselves fees