Guidance In Shareholder Derivative Actions

As a shareholder, you have the right to expect senior leadership to execute a sound business strategy, act ethically and in the best interests of the corporation. As senior management, you expect to have the ability to respond to shareholder concerns and demands. When a rift opens between shareholders and an organization's leadership, it is necessary to rely on the skill and expertise of an experienced lawyer.

At Seder & Chandler, LLP, our business law attorneys have experience representing parties engaged in shareholder dispute. Our experience and our depth of knowledge give us a unique perspective on what steps are necessary to resolve even the most serious disagreements. Trust our firm to handle your matter with sensitivity and professionalism through every stage of negotiation or litigation.

A shareholder derivative action is typically pursued when shareholders believe that the senior leadership of the organization has acted in breach of its fiduciary duties to the corporation or to the detriment of the corporation's shareholders. We analyze and understand the complexities of the facts, investigate and examine any supporting documentation, and prepare and assert shareholder demands when appropriate. Once these demands have been presented, there is a complex and specific process that must be followed. We can ensure that all deadlines are met and all necessary paperwork is completed and submitted.

Additionally, we have been called upon by corporate boards and special committees about by a Board of Directors to investigate and properly respond to the asserted claims of shareholders. Our thorough understanding of corporate practices and law allows us to investigate claims thoroughly and respond cost effectively and completely to shareholder disputes. Also, we understand that a corporation in turmoil stands to lose money and consumer confidence. Our negotiation skills and dispute resolution experience advance beneficial compromises as possible. We strive to resolve corporate disputes tactfully and help all parties get back to the business of running an organization.

We encourage you to contact a lawyer at Seder & Chandler, LLP, in central Massachusetts and the MetroWest Boston area with any questions regarding shareholder derivative actions or any other aspect of business law.