Why might a shareholder sue my company?
Shareholders own a portion of a company and are, therefore, entitled to both profit and loss if such occurs. These shareholders are bound, just as a business is bound, by a shareholder agreement which is formed at the beginning of the relationship. Disputes between shareholders and businesses might arise for a number of reasons, such as accused violation of contract, accused misconduct, desire to change the terms of a contract, and many others.
The circumstances of a shareholder lawsuit facing your company will be unique and, as such, needs to be handled by a skilled attorney adept at handling such situations. Contact the lawyers at Slater Pugh, Ltd. LLP to ensure your professional interests are protected when facing such a lawsuit.