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Category Archives: Shareholder Disputes

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Shareholder Deadlock Disputes: An Overview

By Michael Pike and Daniel Lustig |

A closely held corporation is a company with a limited number of shareholders. In some cases, a closely held corporation may have as little as two shareholders. Shareholders deadlocks are among the biggest threats to smaller companies. A deadlock can cause serious problems for a corporation—potentially even grinding operations to a halt. Here, our… Read More »

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Shareholder Derivative Actions in Florida: What is Demand Futility?

By Michael Pike and Daniel Lustig |

A shareholder derivative action is a suit brought by a shareholder on behalf of the corporation. In most cases, the lawsuit is filed against a corporate officer, director, or other insider accused of misconduct. Shareholder derivative claims are complicated. There are strict rules and standards that must be satisfied to bring a successful shareholder… Read More »

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Closely Held Corporations and Shareholder Oppression Claims

By Michael Pike and Daniel Lustig |

The Internal Revenue Service (IRS) defines a closely held corporation as an entity that has more than 50 percent of its outstanding stock owned by five or fewer people. In many cases, a single individual has a majority controlling stake in a closely held corporation. By definition, majority shareholders have significant control over the… Read More »

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Five Things to Know About Shareholder Derivative Suits

By Michael Pike and Daniel Lustig |

As a shareholder in Florida, you have important legal rights. If your rights are violated, you can take legal action to protect your financial interests and hold the responsible parties accountable. Shareholder derivative actions are one of the most common but least understood types of shareholder lawsuits. Here, our Miami shareholder dispute attorneys highlight… Read More »

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