In closely held corporations, shareholder disputes can occur when minority shareholders feel that corporate officers or majority shareholders have not protected their interests. Disputes may arise over:
- Breach of the shareholder agreement
- Breach of fiduciary duty
- Self-dealing or conflicts of interest
- Disagreement over corporate actions
- Excessive compensation
- Denying access to corporate records or ledgers
- Illegal actions like embezzlement or fraud
Depending on the circumstances of your case, remedies may include injunctions, damages, or, in extreme cases, a court order dissolving the corporation or liquidating assets.