These deals may represent a type of improper conduct usually referred to as breach of fiduciary duty. Such wrongdoing includes waste of your company`s assets, unfair business transactions with insiders or related entities, agreeing to a sale of your company at a price that doesn`t reflect its true value, or any other act that improperly robs a company or its shareholders of value. In such cases, a suit can be brought on behalf of the company and/or its shareholders to recover damages, or to ensure that shareholders are treated fairly.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified class action lawsuit lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local class action lawsuit attorney to discuss your specific legal situation.
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