
Corporate mismanagement is commonplace among publicly traded companies today. One very powerful tool the ordinary shareholder has to police the management of his or her company is the shareholder derivative action. In a shareholder derivative action, current shareholders can "stand in the shoes" of the company and take action against the officers and directors who have harmed it. This litigation is often the only way to bring justice to wronged shareholders for the misconduct of directors or officers which harm the company, and accomplish corporate governance to rectify that mismanagement. Officers and directors commonly breach their fiduciary duties owed to a company by engaging in insider selling, and/or managing a corporation's affairs in ways that benefit a few at the expense of the company.
Robbins Umeda LLP seeks to address this mismanagement on behalf of the true owners of the company, its shareholders. We are commonly referred to as one of the "lead derivative action firms" in the nation because we are at the forefront of resolving issues of corporate mismanagement in a thoughtful, creative, and highly beneficial way.
We fight for the adoption of successful governance reforms on behalf of our clients, making corporate directors and executives more accountable to shareholders and reinstilling confidence in the way the company is run, inevitably leading to an increase in shareholder value.