Are you searching to learn more about strategies to protect the investment of a minority shareholder in San Diego? 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? Are you experiencing a “freeze out?” 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. A “freeze out” or “squeeze out” involve actions or intimidation designed to pressure a minority shareholder to sell their shares in a corporation. Minority shareholders have several legal rights with regard to the inspection of the corporate books, equal distributions or compensation and the prevention of watering down the value of their investment.
The proven San Diego shareholders’ rights attorneys at the Watkins Firm stand up for the rights of our clients and take immediate action to protect their interests. We hold the majority interest accountable under the law and work with our clients to gain access to information and to identify questionable practices or strategies designed to threaten our client’s position and protect the investment of a minority shareholder in San Diego.
Federal and California law also provides 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 our clients and the legal industry and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today. We will discuss the unique circumstances and your position in the matter, understand and evaluate all available options . Our skilled and experienced shareholders rights attorneys will help you to understand all available options, including a derivative lawsuit. We will help our clients to analyze the best strategies to accomplish goals and objectives and to protect the investment of a minority shareholder in San Diego.
