The phrase "a former shareholder" is correct and usable in written English.
It can be used to refer to someone who previously held shares in a company but no longer does.
Example: "The company announced that a former shareholder has filed a lawsuit regarding the recent merger."
Alternatives: "an ex-shareholder" or "a past shareholder".
"If I told you what I thought about Irwin Jacobs, he'd sue me within 24 hours," said Marc Kozberg, president of Dougherty Value Advisors here and a former shareholder of MEI Diversified.
But software and service group SDL slid 72p to 568p despite saying trading was broadly in line with expectations, although it also noted a legal dispute with a former shareholder of Trados, which SDL bought in 2005.
"It's beyond clubiness," said Richard H. Koppes, a former shareholder activist who is now a lawyer at Jones, Day, Reavis & Pogue, noting that people who see one another at social events are frequently unable to criticize each other.
Selling their holdings puts pressure on a share price, which might prompt boards to take action, but the level of activism a former shareholder has in a company has been lost as they no longer have the right to vote on corporate resolutions.
The German media group, a former shareholder in F1, plans to use documents relating to the sale to support its allegation that Ecclestone and Gerhard Gribkowsky, BayernLB's former chief risk officer, were engaged in a "corrupt bargain" to deliberately undervalue the stake so the F1 chief executive could stay in control of the sport.
The service, which is currently only available in German, is founded by Michael Schöpfer and seed funded to the tune of €500,000 from a group of angel investors, among them Alexander Lónyay, a former shareholder of one of the largest advertising agencies in Europe, LOWE GGK.
If any former shareholder feels aggrieved, they might take legal action against a company's management and board decisions.
As for the buyers of J.Crew, at the judicial hearing to approve the litigation settlement, Martin Vogel, an objecting former shareholder, complained that this settlement was "nominal".
In the final stage of product development, all former shareholders sold their interest in the company because they had lost faith in the new strategy.
A 24-year-old former shareholder at 9 Rosebud Lane who asked not to be identified said it became clear early last summer that the village had targeted their house.
Straumur's major shareholders, as of February 3, included Samson Global Holdings, an investment vehicle controlled by Icelandic multimillionaire Bjorgolfur Gudmundsson, also a former main shareholder at Landsbanki.
