What do you need to know about a breach of the fiduciary duty of a corporate officer in San Diego?  If you are a minority shareholder or have an interest in a corporation it is important to know when the decisions and/or actions of an executive or officer harm your interests.

The directors, executives and officers of a corporation have a legal “fiduciary duty” to protect the corporation from those who would harm it.  If there is a breach of the fiduciary duty of a corporate officer or they have taken an action which is against the best interest of the corporation it is possible for a shareholder to consider a derivative lawsuit in San Diego on behalf of the corporation itself.  Most derivative lawsuits are brought against a particular director or officer for breach of contract or breach of fiduciary duty.  You may also consider a derivative lawsuit in San Diego if the actions are the result of a professional such as an accountant or tax adviser.

Due to the fact that a shareholder files the lawsuit on behalf of the corporation, any financial damages which result from a derivative lawsuit belong to the corporation itself, rather than the shareholder who initiated the lawsuit.  Cases which involve a breach of the fiduciary duty of a corporate officer in San Diego are legally quite complex.  The Watkins Firm has decades of experience and a successful proven track record of defending shareholders rights and taking immediate action to protect the position of minority shareholders.

We help our clients to resolve shareholder disputes and take a unique approach which is designed to accomplish our client’s goals and objectives in the shortest possible time frame and in a cost-effective manner.  This includes, but is not limited to negotiation, mediation, arbitration and when necessary litigation or a derivative action.

Are you facing a breach of the fiduciary duty of a corporate officer in San Diego or California?  Shareholders always have a right to take legal action when the officers or directors of a corporation fail to act in the best interests of the corporation itself.  What is the best strategy to protect your interests as a shareholder and accomplish your objectives?

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.