noun
shareholder derivative lawsuit
A legal action brought by a shareholder on behalf of the corporation, typically against directors for breach of duty. In Japanese corporate law, this is a specific statutory right.
株主代表訴訟を起こすには、まず会社に対して提訴を請求しなければならない。
To file a shareholder derivative lawsuit, you must first demand that the company bring the suit.
取締役の不正行為に対して、株主代表訴訟が提起された。
A shareholder derivative lawsuit was filed against the directors for misconduct.