Is your co-owner stealing from your business? Are you concerned about questionable internal practices, cash management or commingling of corporate assets and funds? What action should you take if you are concerned about the activities of a business partner? The business dispute attorneys at the Watkins Firm have more than four decades of experience in these matters, and we are prepared to help to resolve the matter and help your company to move forward again.
These Cases Require Evidence
If you are concerned about a business partner or co-owner stealing from your business you will need direct evidence in order to take action. Our attorneys can guide you on the steps to take, the controls to put in place, and the conversations that may be required with your fellow owners and other key management staff or employees.
Our experienced legal team guides you through each step of the process, capturing information and documentation, obtaining bank records, video documentation and all other possible evidence to document the wrongdoing and put a stop to it. It may also be necessary to bring an action against your co-owner either directly or on behalf of the corporation through a derivative action to recover stolen monies and hold them accountable for violating their fiduciary duties.
What to Do If Your Co-Owner is Stealing From Your Business
Are you wondering what actions to take if your co-owner is stealing from your business in San Diego or Southern California? The Watkins Firm has served the San Diego business community and healthcare industry for more than 40 years. We’ve been through these challenges before and will work with you to develop the best strategy for the situation at hand and help you to put a stop to things.
We keep you informed at every step of the process and in the end, we are prepared to confront your business partner and negotiate a resolution that protects your goals, as well as you interest in the business itself. Is it possible to preserve the relationship and simply change responsibilities and access? Do we need to effect a departure and attract another investor or business professional with the needed skills and business acumen who can assume the role of a co-owner? How are these cases usually resolved, and can it be accomplished without time consuming and expensive litigation?
If you are concerned about a co-owner stealing from your business or a “run-and-gun” approach that you believe is damaging the integrity of the business and its accounting, we invite you to review our podcast Episode 11 – Resolving Business Disputes as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today. Learn about our unique approach to litigation and how we work to resolve partnership disputes quickly and cost-effectively.
