Shareholder Derivative and Oppression Action

November 2012

The firm was retained to represent two shareholders in a derivative action related to their ownership in a steel fabrication business. Specifically, the clients allege that a third shareholder, officer and director of the company breached his fiduciary duties, wasted corporate property and assets, and committed a fraud on the company and its other shareholders related to his management of the company. The firm seeks to recover the misappropriated money and assets and other damages related to the wrongful actions.