Do you have questions about a a derivative lawsuit by a shareholder in San Diego and need sound advice and counsel? The Watkins Firm has served the San Diego business community for decades. We provide advice to minority shareholders and those who are concerned about the direction of the corporation or the actions of it’s management, executives or Board of Directors. The decisions leading up to a derivative lawsuit can be quite complex. We guide our shareholder clients through the process and help to protect and assert your rights as a shareholder.
California has enacted strong laws to protect the minority interests of corporations in our state. However, there are still those who would deny legitimate access to the books or deprive a shareholder from receiving appropriate dividends or distributions. How does a shareholder protect their interests and the viability of the corporation in the face of a “freeze out” or mismanagement? One option is for the Watkins Firm shareholders’ rights attorneys to negotiate with majority interests, corporate executives or directors on your behalf. Our successful track record at trial and reputation within the business community add powerful weight to your side of the dispute. They know we will hold them to the letter of the law and in many cases the simple fact of our involvement and our legal skill can result in the favorable outcome you seek.
In other cases it may be necessary to bring a derivative lawsuit by a shareholder in San Diego on behalf of the corporation itself. The shareholder may be concerned about conflicts of interest or a breach of fiduciary duty by one of the directors or an executive of the company. In a derivative lawsuit you, as a shareholder, step into the shoes of the Board of Directors and bring a lawsuit to enforce your rights as a shareholder on behalf of and for the benefit of the corporation itself.