If a shareholder's derivative action succeeds the suing shareholder is entitled to:

A) compensation for the time he devoted toward the lawsuit.
B) compensation from the other shareholders.
C) reimbursement of any costs and fees incurred in bringing the action.
D) reimbursement of his reasonable attorney's fees that he incurred in bringing the action.

Derivative Action

A lawsuit brought by a corporation shareholder on behalf of the corporation against a third party.

Suing Shareholder

A stockholder who initiates a legal action against a corporation, often for actions that are believed to harm the company or its shareholders.

Reasonable Attorney's Fees

The amount of legal fees deemed fair for the work performed, often recoverable from the opposing party in litigation under certain conditions.