Texas Shareholder
Suppression Lawsuits: Majority Shareholders and Directors That Commit Corporate Malfeasance, Fraud, and Breach
of Fiduciary Duty Can Often Be Held Liable Through Texas Shareholder Actions by Texas Shareholder Suppression Lawyer Jason S. Coomer
Majority shareholders
sometimes wrongfully and fraudulently use their controlling
interest in a company for their own benefit at the expense
of minority shareholders. When a majority shareholder
commits corporate malfeasance, fraud, or breach of fiduciary duty, minority shareholders may have a viable shareholder
suppression lawsuit against the majority shareholder.
If you have
a questions about a Texas shareholder suppression lawsuit or other Texas business fraud lawsuit, please feel free to send an e-mail to Texas Shareholder Suppression Lawyer
Jason Coomer or go to the following web pages: Texas Shareholder Suppression Lawsuit Information and Texas Business Tort Lawsuit Information.
Texas Business Litigation Understanding Rights, Duties, and The Importance of Evidence
In any Texas shareholder suppression lawsuit, corporate malfeasance lawsuit, or breach of fiduciary duty lawsuit, it is important to understand the rights, fiduciary
duties, and responsibilities of the majority shareholders,
board of directors, managing partners, corporate officers,
corporate counsel, chief financial officers, and managers.
It is also important to obtain as much evidence of the
malfeasance, self dealing, fraud against shareholders,
wrongful suppression, embezzlement, or other bad acts as
possible prior to the start of litigation. In many of
these cases, once litigation has begun, obtaining evidence
of the unlawful and bad acts are difficult and heated
battles as many documents begin to disappear and proving
spoliation becomes a key issue. The term
spoliation broadly refers to the intentional, reckless, or
negligent destruction, loss, material alteration or
obstruction of evidence that is relevant to litigation.
Texas Business Torts and Unfair Competition
Unfortunately, some businesses face illegal challenges from
businesses that commit unfair and illegal actions to steal
business, trade secrets, intellectual property, and
customers for the purpose of increasing their own profits
and putting their competitors out of business. This
illegal competition, unfair competition, or corporate
malfeasance can include theft of trade secrets, release of
false press releases, use of short term predatory pricing,
making demands of exclusive contracts from suppliers,
forcing lenders to call in loans, stealing business &
customers, hacking computers, infringing on intellectual
property, and spreading false information in the business
community.
If you are a
Texas business owner and have been unfairly harmed by
illegal and unfair business actions and are looking for a
Texas Business Litigation Lawyer, feel free to
send an e-mail message to Texas Illegal and Unfair Business
Competition Lawyer Jason Coomer or
use our online submission form.
As a Texas Illegal Business Competition Lawyer, he provides
advice to Texas business owners concerning business torts
including unfair competition lawsuits, intentional
interference with business contracts, theft of trade
secrets, and breach of contract claims.
