People who invest and buy shares in a company must protect their investment. Similarly, officers and directors must be free to use reasonable business judgment. The truth is, however, that many businesses suffer difficulties, and shareholder disputes are some of the most hotly contested cases in the legal arena. Shareholder oppression can take many forms including allegations of dilution of shares due to share awards or sales, large salaries to majority shareholders, non-payment of profits or dividends, and allocation of profits but no distribution of funds to cover tax obligations. The Johnson Firm consists of Dallas Metro area lawyers with an extensive background in business. We will work to resolve your matter quickly without involving the Courts but will aggressively litigate on your behalf if necessary. The Johnson Firm employs cutting edge legal arguments in the arena of shareholder oppression claims. Contact our Texas attorneys today.
Attorneys representing the interests of shareholders throughout the larger Dallas Metro area
There are a number of disagreements which can arise in the context of a business. Common examples of disputes between shareholders include:
- One or more shareholders may feel that they have unfairly had their ownership diluted
- Allegations of inflated salaries or bonuses to majority shareholders
- Disagreements arising out of personal loans or guarantees on leases or contracts
- Disputes over shares of profits not being distributed appropriately
- Arguments over indemnity for losses or third-party liability
- Buyout agreements
It is important to quickly identify whether the disagreement is something that can be resolved without resorting to civil litigation. If it can, then an out-of-court arrangement, which can be negotiated and documented by an attorney, will save all parties involved a substantial amount of time and money. If litigation is necessary, however, then immediate steps should be taken to protect your interests. Small missteps can result in significant exposure. Acting on these steps sooner, rather than later, is crucial.
Our lawyers will take immediate action once retained. We will reach a resolution that keeps you out of the courtroom if possible. If litigation is necessary then we will quickly file suit or defend your suit in state or federal court. Our attorneys may also request any necessary injunctions in order to protect company assets and appointment of a receiver. This will ensure that funds, rightfully belonging to you, will not be taken from the company and hidden. The discovery process can be used to recover all financial records, emails, correspondence, and other records which may be used at a possible trial. We understand that this is a trying time. We make the law our business so you can focus on running your business. We handle cases throughout the larger Dallas Metro area including Plano, Frisco, McKinney, Denton, Fort Worth, Garland, Irving, Austin, Houston, San Antonio, Nacogdoches, Lufkin, and Center, Texas.
Dallas lawyers with a business background protecting the rights of shareholders
Our firm has an extensive background in issues related to business including minority shareholder oppression claims. Price L. Johnson is a certified public accountant as well as an attorney. This experience enables us to assist with litigation related to shareholder oppression, disputes over the breach of a fiduciary’s duty, fraud or deceptive trade practices, and disagreements over real estate. We take a team-based approach to solving such issues and will work to find you the most efficient solution possible. We will stay in regular contact with you throughout the process and promptly return any phone calls or emails. Contact our Dallas lawyers today to schedule an initial consultation.