Are you looking to learn more about how a derivative lawsuit can protect your investment? Are you a minority shareholder who is concerned about the direction of the corporation and/or the decisions of executives or the Board of Directors? What options are available to you?
The experienced minority shareholder defense attorneys at the Watkins Firm have represented San Diego shareholders for decades. We work to resolve minority shareholder oppression and issues of shareholders rights quickly and in a cost-efficient manner. In some cases it is necessary to take substantial action to protect your investment and the best interests of the company.
Fortunately, California has strong laws to protect your minority interests. Federal and California law provide shareholders with the right to bring a “derivative action” known as a derivative lawsuit against the executives or Board of Directors on behalf of the corporation itself. This is often a successful strategy when concerns of a conflict of interest or breach of fiduciary duty exist.
Derivative lawsuits are obviously much more legally complex than most other forms of shareholder disputes. In these cases, you (as a shareholder) are stepping into the shoes of the Board of Directors and initiating a lawsuit against them on behalf of the corporation itself. Therefore, any damages are awarded to the corporation itself and not to the shareholder(s) who bring the derivative lawsuit.
We invite you to review the strong recommendations of Watkins Firm clients and contact us or call 858-535-1511 for a free consultation to discuss the unique circumstances and your position in the matter. Our skilled and experienced shareholders rights attorneys will help you to understand all available options, including a derivative lawsuit. We will help you to analyze the best strategies to accomplish your goals and objectives while protecting your interests.
A derivative lawsuit is a substantial legal maneuver, and the proven business litigation attorneys at the Watkins Firm have the experience, legal skill and resources to make your case and achieve the best possible outcome.