add items to your
binder to email or
print all at once
Items In Binder
Site Lawyers

Practice Overview

Shareholder Derivative Actions

Cravath is one of the premier firms in handling shareholder derivative litigation, frequently representing clients in the Delaware Court of Chancery as well as in other state and federal courts throughout the country. We handle all types of derivative litigation, including cases proceeding in parallel with securities class actions, stand‑alone derivative suits and investigations of shareholder demands. We have worked on such matters as counsel to corporations, officers and inside directors; outside directors; audit committees and other standing board committees; and special litigation and other ad hoc board committees.

Our lawyers are particularly skilled at helping clients navigate the many important strategic issues that arise in derivative litigation, including questions regarding attorney representation and privilege, whether to form special litigation committees and their composition, and considerations of corporate governance in connection with potential settlement. Many of the derivative cases and investigations we have handled in recent years relate to issues with a high degree of public exposure and scrutiny, including stock option backdating, executive compensation and the financial crisis.