Are you searching for an experienced, proven law firm for a San Diego minority shareholder dispute? Are you looking for legal advice and counsel regarding issues as an investor or shareholder in Southern California? The Watkins Firm has almost four decades of proven and successful investor and shareholder dispute resolution experience.
California Provides Specific Protections for Minority Shareholders and Investors
California law provides extra protections for the minority interest unless corporate by-laws or shareholder agreements specifically address such issues directly. Some minority shareholder rights cannot be changed, even in corporate by-laws or agreements such as the right to access specific corporate information. Minority shareholders in California have the right to examine the record of shareholders, as well as the accounting “books”, records and minutes of corporate meetings and proceedings.
The denial of access to this information is a serious matter here in California, and the Watkins Firm has almost four decades of successful experience in cases representing clients in a Southern California or San Diego minority shareholder dispute. Denial of access to critical information or elements of decision making is often known as a “freeze out.”
In other cases the concern of a minority shareholder may be focused upon wrongdoing by those with control of the corporation. If you are concerned about improper payments, excessive compensation or distributions, a lack of appropriate distributions, the misappropriation of funds, “sweetheart” transactions with outside companies that majority ownership may have a personal interest in, or the breach of contract or fiduciary duty we invite you to contact the Watkins Firm. Learn about the results we have gained on behalf of other investors or minority shareholders in similar situations.
The Right Law Firm for a San Diego Minority Shareholder Dispute
Are you searching for the right law firm for a Southern California or San Diego minority shareholder dispute? You have options, and there are legal remedies that “have teeth” to get the attention of majority owners and protect your rights and interests. The actions of those in the majority may warrant a derivative action on behalf of the corporation itself in order to protect your interests. In other cases, it is possible to seek an order from the Court to liquidate the corporation, even if it is solvent, when it is necessary to protect minority interests from “oppression” or “persistent unfairness.” The Court may find a basis for ordering a change in the control of the corporation and/or award liquidated damages up to and including reasonable attorneys fees in some cases.
If you are a minority shareholder who is experiencing shareholder oppression, a freeze-out or other strategies to keep you from the day-to-day operations and information of the corporation you own an interest in we invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
