BREACH OF FIDUCIARY DUTY
Madison Breach of Fiduciary Duty Lawyers
Protect Your Interests from Fraudulent Business Practices
When an individual with a fiduciary obligation to another party (a duty to act for that party's benefit) fails to meet that obligation, that individual may have committed a breach of fiduciary duty. A breach of fiduciary duty claim is a legal action brought against a fiduciary that has failed to handle business matters correctly, likely due to fraudulent or dishonest business practices.
At Haley Palmersheim, S.C., our business law attorneys are experienced at pursuing breach of fiduciary duty claims and have successfully represented clients against shareholders, business officers and directors who have committed an act of misrepresentation nondisclosure or fraud. If you have been a victim of a breach of fiduciary duty, you may be able to obtain compensation for the recovery of damages.
Contact us at Haley Palmersheim, S.C., to consult with an experienced lawyer about a potential breach of fiduciary duty. Protect your rights and best interests with responsible legal protection.
Breach of Fiduciary Duty and Fraud
In business law, many breaches of fiduciary duty are the result of self-dealing, nondisclosure or fraud on behalf of officers, directors and majority shareholders. This fraud can take many forms and can result in significant financial damages for other business owners and minority shareholders. A breach of fiduciary duty can also occur where a board of directors or officer acts against the needs of the corporation. A person harmed by the breach of fiduciary duty may know it is taking place, but it takes an experienced eye to know what to look for to prove it.
When someone has a fiduciary duty, it implies a relationship based on trust. When that trust is broken you may be able to recover damages for your losses. If you suspect that something has occurred that may be a breach of fiduciary duty, it is important to contact an attorney immediately. There is a two-year statute of limitations on a breach of fiduciary duty, and any delays may deprive you of the opportunity to recover your damages.
Contact Haley Palmersheim, S.C.
Contact us at our Madison, Wisconsin, office by calling (608) 836-6400. Speak with an experienced attorney about your business law or litigation issue.