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The rights of foreign nationals (USA)
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Question

I am a shareholder of a closely held company. The officers cut me off from the business and took all my money. Do I have any recourse against them?

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Answer

Yes, you can start a proceeding to dissolve the company and levy the assets. The officers have a duty to you to act in good faith and in your interests. This duty is called "fiduciary duty." You need an attorney who is experienced in dealing with such lawsuits.

Natalia Gourari

Articles and consultations authored by attorney reflect the state of law as of the date of their writing. The laws change daily. Users of this site are advised to consult attorney regarding their situation.
Karina Duvall
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