If you are a victim of a Breach of Fiduciary Duty, we can help
When someone has an obligation to act in the best interests of another party, such as a board member's duty to the company's shareholders, it is referred to as a fiduciary duty. If that person acts contrary to that duty, it is called a breach of fiduciary duty and can result in legal damages.
Examples of relationships involving a fiduciary duty include:
- Attorneys and their clients
- Company principals and their agent(s) or employees
- Trustees and their beneficiaries
At its most elementary level, a fiduciary relationship may exist when someone places confidence and trust in another person or entity with that person’s full knowledge. The party who owes a duty to the other party is called a fiduciary. A breach of fiduciary duty could arise from actions that are contrary to the interests of a client, actions born out of the fiduciary's own self-interest, or failure to disclose pertinent information such as a conflict of interest.
If you feel as though you have suffered damages based upon a Breach of Fiduciary Duty, please schedule a case evaluation with our business lawyers in Naples. Contact us today at 239-774-2229.