News & Insights

WHEN CAN YOU SUE A CO-OP BOARD AND ITS MEMBERS?

CO-OP BOARD

A recent New York case brought by a co-op shareholder against a co-op board and its members has important lessons for those considering similar lawsuits or concerned about defending their actions. While the case is still in its early stages, the decision discusses the duties of board members and when they may be liable for … Read more