“Shareholder and partnership disputes often arise when majority owners wrongfully impede minority owners from receiving financial returns. Although minority owners cannot force the majority owners to act fairly, it’s important to remember that they can bring a lawsuit and seek damages for improper, oppressive conduct.” – Attorney William Lewis
Shareholders, minority owners and partners have legal options when contracts and agreements are broken. When you have financial stakes in a company or enterprise, you have certain rights that protect your investment.
At the Business Trial Group, we use our decades of experience, proven track record and considerable resources to help you win back your losses.
Whether you’re concerned about unfair compensation, oppression, embezzlement or negligent management, contact us to see how we can help.
Our contingency-fee business model aligns our success with yours. We only receive a fee if we bring your case to a successful resolution, and there are no hourly fees whatsoever.
Eschewing the hourly billing model allows us to focus on our clients’ best interest and win back millions of dollars in shareholder and partnership disputes.
Here are a few of the legal disputes that shareholders, partners and minority owners can face.
Breach of contract
Shareholder contracts are usually very detailed, but disputes can arise nonetheless. If you feel that the business in which you have a share, stake or partial ownership has failed to uphold its end of your contract, you may be able to pursue a lawsuit.
In most cases, shareholders file a claim when the business in question has denied them their due returns, prevented them from participating in company benefits to which they are entitled, or misappropriated company funds. Some of these behaviors also fall into a legal category known as shareholder oppression.
Shareholder rights differ by state, so when filing a claim it’s important to inquire about the access you are entitled to have to the company’s financial information. This information can be very helpful in demonstrating that a company misused funds or breached shareholder contracts on a financial level.
Partnership disputes are high-stakes legal situations that can take a financial and emotional toll on those involved. There are many things that can go wrong with a partnership agreement, including management conflicts, compensation disputes, contract breaches and asset division disputes.
Our complex litigation group has helped clients win back their losses, fight back against abusive or dishonest partners and reinstate their positions when they were wrongfully terminated.
With any shareholder dispute, it’s important to retain copies of any contracts, agreements or other documents that may assist you in a case. These disputes can be contentious, but our team of seasoned legal experts is equipped to make the strongest possible case for your claim.
Minority Owner Disputes
Shareholder oppression frequently applies to minority owners, who can be unlawfully pushed out of an agreement or the company altogether by an abusive majority. As long as the minority owner has complied with the stipulations of his or her original contract, it is not legal for majority shareholders to push that person out.
One of the most devastating methods that majority shareholders sometimes oppress minority owners is through the unauthorized dissolution of minority owners’ shares. This is not an easy situation to remedy without strong legal representation, so if it happens to you, we recommend filing a claim promptly.
How to file a claim
If you are facing a dispute and would like to check your eligibility to file a claim, fill out our no-fee, no-obligation form here. Your information will be kept confidential, and our team will review your case information to determine how we may be able to assist you.