Shareholder Oppression & Derivative Actions

Shareholder oppression occurs when majority shareholders or corporate insiders engage in unfair or oppressive conduct that harms minority shareholders. This conduct may include mismanagement, fraud, self-dealing, or denial of minority shareholder rights.

• Derivate actions typically arise when the officers or directors of a company commit a tort, such as breach of fiduciary duty, misappropriation, or fraud, that causes harm to the company, and the officers or directors who control the company refuse to take legal action to recover damages from such harm. In a derivative action, if certain requirements are satisfied, a shareholder or group of shareholders can bring a lawsuit on behalf of the company to recover these damages.
• Whether you are a minority shareholder seeking relief from oppressive behavior or a shareholder who believes your shares have lost value due to corporate wrongdoing, Duffy & Young can assist you in protecting your rights and your investment.