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Home / Opinion Digests / Business Law / Derivative Action Stays in Federal Court (access required)

Derivative Action Stays in Federal Court (access required)

Plaintiffs may not return to state court to sue Capital One for alleged breach of fiduciary duty based on directors’ and officers’ failure to prevent alleged violations of federal consumer protection laws that led to payment of hundreds of millions of dollars in fines and damages; among other reasons, the Alexandria U.S. District Court says ...

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