Category Archives: Shareholder Disputes
An Overview Of The Corporate Records Shareholders Have A Right To Demand In Florida
Are you the shareholder of a Florida corporation? If so, you have important legal rights under state law. Some of the most essential shareholder rights in Florida are found under Florida Statutes § 607.1602. This section of state law allows shareholders to “inspect and copy” certain types of corporate records. Here, our Miami shareholder… Read More »
Florida Senator Marco Rubio Pushing Bill To Give Shareholders Additional Authority To Challenge So-Called “Woke” Corporations
According to a report from Florida Daily, Florida Senator Marco Rubio recently introduced legislation called the “Mind Your Own Business Act” that proposed new legal tools to shareholders who want to challenge so-called “woke” corporations. In this blog post, our West Palm Beach shareholder dispute lawyers discuss the proposed legislation from Senator Marco Rubio…. Read More »
Twitter Pays More Than $800 Million To Resolve Shareholder Lawsuit
According to a report from ABC News, Twitter will pay $809.5 million to settle a shareholder lawsuit. The settlement pertains to a consolidated class action case that was filed over allegations that the social media giant misled investors on key user-related metrics. Twitter has consistently denied any intentional or willful misconduct, though the company… Read More »
What Is The Difference Between A Shareholder And A Stakeholder?
The modern business environment is hyper competitive. It takes the contributions of many different people to make a successful company. Those who have a direct ownership interest in a corporation are called shareholders. Those who have any type of interest in the corporation are called stakeholders. In this blog post, our West Palm Beach… Read More »
The Top Three Reasons Why Minority Shareholder Sue Corporate Officers
Broadly defined, a minority shareholder is any shareholder who holds less than 50 percent of the total value of a corporation’s shareholder. A minority shareholder may be someone who owns a 40 percent stake in a mid-sized, closely held corporation. Alternatively, a minority shareholder may be someone who owns far less than 1 percent… Read More »
Shareholders Score Victory In Lyft IPO Lawsuit, Obtain Class Status
According to a report from Reuters, a group of Lyft shareholders have scored an important victory in their lawsuit centered around the company’s initial public offering (IPO). A federal judge in California has stated that shareholders can proceed with their class action claim against the San Francisco-based ridesharing giant. The plaintiffs allege that Lyft… Read More »
Shareholder Disputes: What Is An Activist Shareholder?
A minority shareholder must put a significant amount of trust in the hands of a corporation’s officers and directors. Most shareholders are relatively “passive”—they rely on the company’s decision-makers to protect the best interests of the business. An “activist shareholder” is an exception. In this article, our West Palm Beach shareholder dispute lawyers highlight… Read More »
Shareholder Lawsuits In Florida: What Is The Business Judgment Rule?
Minority shareholders put an enormous amount of trust in the hands of corporate officers and corporate directors. When the people running a corporation abuse their power, it can cause serious damage to the shareholders. In certain circumstances, shareholders can file a lawsuit to seek compensation for their losses. That being said, there are limits… Read More »
What State Has Jurisdiction Over Shareholder Disputes?
Shareholder disputes can arise for a wide variety of different reasons. If you are considering filing a lawsuit as a shareholder—whether a direct claim or a derivative claim—it is imperative that you follow the proper filing procedures. This raises an important question: Where do you file a shareholder lawsuit? After all, many companies operate… Read More »
Shareholder Disputes: What Is A SPAC?
On July 13th, 2021, the Securities and Exchange Commission (SEC) announced the settlement of charges involving a SPAC (special purpose acquisition company). It is one of the first times that the federal agency has taken successful enforcement action in a case involving a SPAC. Special purpose acquisition companies have boomed in recent years—and officials… Read More »
