The new theory of “copyright shareholder derivative” lawsuit is spreading. I’ve coined this term to describe shareholder derivative lawsuits under securities law that are based on the allegation that the directors and officers (D&O) approved copyright infringement, exposed the company to substantial risk of copyright liability, or made material misrepresentations about such conduct to conceal … Continue reading New copyright shareholder derivative suit v. Microsoft, its directors & officers. Microsoft becomes 2d company hit with new legal theory v. directors & officers