Statute · New York Business Corporation Law

N.Y. Bus. Corp. Law § 1613 — Private right of action

N.Y. Bus. Corp. Law § 1613

Type
Statute
Source
New York Business Corporation Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 1613. Private right of action.

Citator

N.Y. Bus. Corp. Law § 1613 — Private right of action is in force in the current edition of the Code, and nothing recorded condemns it.

§ 1613. Private right of action.

Any offeree whose equity securities are the subject of a takeover bid and who has been injured by any violation of this article may bring an action in his or her own name to enjoin such unlawful act or practice and to recover actual damages together with reasonable attorney fees in the event the offeree is successful.