Shareholders of a corporation, whether large or small, are the ultimate owners of that corporation, not the board of directors or the administration of that corporation. This can sometimes mean that shareholders must protect their rights when it comes to those who run the day to day operations of the corporation, along with those who they hire, such as lawyers or accountants.
The law offers many ways for shareholders to protect their rights and have transparency when it comes to how a business is being run. Also provided are ways for shareholders to force actions if what a corporation is doing is illegal or unethical. Shareholders have different legal avenues, such as filing a class action case or even direct litigation to help them protect the profits that they are entitled to and their ownership interest.
Shareholders' rights cases are often some of the most complex since they can involve large-scale discovery and very high awards or settlements. This means that hiring a legal team with inside knowledge on how shareholders' rights cases work in your area is essential. To learn more about our shareholders' rights attorneys, call today.