Minority Shareholder Action Filed

February 2011

The firm represents a long-time employee of a local asphalt paving company who was promised, verbally and in writing, a minority shareholder ownership interest in a company for agreeing to work for the company over a period of years. After the client fulfilled his obligations to acquire a minority shareholder interest, the majority owner of the concrete company refused to transfer him any ownership in the company or pay him any portion of the company’s profits.

Related Practice Area: Business Litigation