Can an investor sue a corporations board of directors (as individuals and/or a whole) if that board has defrauded the company?
I have spoke to other investors who would be interested in taking legal action to recover our investment.
1 attorney answer
You can always sue the board members for various claims such as breach of fiduciary duty or breach of contract. Whether you will win this suit and collect is another matter. If there are a group of similar possible plaintiffs they should contact each other and then present the case to a litigator to review the options and costs.
Contact people you know and trust for referrals for an attorney. If you have no referrals, contact your local bar association for their referral program. Good luck.
DISCLAIMER—This answer is for informational purposes only and discusses general legal principles, trends, and considerations and is not intended as specific legal advice regarding your question. This answer does not establish an attorney client relationship. For legal advice, you should retain legal counsel in your state for advice regarding your specific circumstances.