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Home / Opinion Digests / Corporate / Corporate – Shareholder Suit – Direct vs. Derivative – Banks & Banking – Receivership (access required)

Corporate – Shareholder Suit – Direct vs. Derivative – Banks & Banking – Receivership (access required)

Bowen v. Houser Even though shares of stock are the personal property of the plaintiff-shareholders, and even though any decrease in the market value of the shares is a direct loss to each shareholder’s personal property, a decrease in the value of all outstanding stock is in no way “separate” or “distinct” from the harm to the corporation that causes such a decrease.

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