Are you a shareholder who is concerned about resolving the non-payment of dividends or other actions by majority shareholders? Usually dividends are the payment of a corporation’s profit to its shareholders governed by a shareholders agreement or the corporate documents of the corporation. In many cases, dividends may be reinvested in the corporation to retire debt or increase the company’s ability to generate profitable business. These are commonly referred to as “retained earnings.”
There are occasions where a shareholder, usually a minority interest, is denied the rightful payment of dividends. The Watkins Firm have decades of experience in shareholder disputes and lawsuits here in San Diego and Southern California. We can help you to hold the responsible parties accountable for their actions and seek payment of the dividends you are owed. The Watkins Firm takes a unique approach to shareholder disputes which is designed to resolve them in the shortest possible time frame and in a cost-effective manner.
We consult with our clients to establish clear objectives. Usually a demand letter from the Watkins Firm and the risk of a civil lawsuit is enough to generate payment of the dividends in question. There may also be additional damages associated with resolving the non-payment of dividends. When the actions of the majority shareholders threaten the rights of the minority interest or there are concerns about management decisions or the direction of the company a derivative lawsuit may be an effective strategy.
There is a specific legal sequence of action in these cases. If you are concerned about resolving the non-payment of dividends 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.
We will discuss your unique situation, the actions of the corporation and its executives and directors and develop a strategy to successfully resolve the dispute and protect your interests