Shareholders can exert their rights to influence a corporation’s actions. A shareholder is permitted to sue and take legal action on behalf of the corporation against the officers and/or directors of the company to enforce or defend a legal right. The main legal duties of a company’s officers, directors and shareholders are to exercise care and loyalty on behalf of the entire company.
Types of corporate misconduct include:
- Conflict of Interest
- Fraudulent accounting procedures
- Misuse of company assets
- Manipulation in the stock market
We recognize that every case is different and the needs of each company are distinct. Disputes between shareholders and the corporation can quickly lead to serious issues and even the collapse of a company.
MGA Law has successfully represented clients with complicated business disputes, including shareholder derivative cases. It is important to hire an attorney who understands the complexity of these issues and will conduct the case with integrity and discretion, while protecting your legal interests. Contact our office for additional advice regarding how to protect your interests in a business matter and schedule a consultation with an experienced attorney at our firm.