A Practice Note examining the unique features of shareholder derivative lawsuits. Specifically, this Note addresses the basic issues raised by shareholder derivative lawsuits, how to choose the right plaintiff to bring a shareholder derivative lawsuit, the requirement of a pre-suit demand on the board of directors, how to litigate a shareholder derivative lawsuit, settling a shareholder derivative lawsuit, the ability to request security for costs associated with shareholder derivative litigation, and the remedies available in shareholder derivative litigation.