Discover what shareholder oppression remedies are available for shareholders in California.

Discover how minority shareholders are protected by California statues that govern the election of directors.

Learn about the rules governing voting by directors and the tallying of the votes by corporate boards in California.

Learn why minority shareholders can sue the controlling shareholders for breach of fiduciary duty where they compensate themselves excessively as a means to distribute a disproportionate share of the corporation’s profits to themselves and to the exclusion of the minority shareholders.

In California, depending upon the relevant facts presented, a shareholder seeking redress against the corporation is required to pursue one of two distinct types of remedial actions: direct and derivative. Learn the differences between the two.

In California, minority shareholders can recover damages from officers or controlling shareholders for breach of their fiduciary duties, despite a purported contract waiving such rights.

Where a transaction between a majority shareholder or a director and the corporation is challenged, a court will set it aside unless the interested majority shareholder or director can prove the good faith of the transaction and its fairness from the standpoint of the corporation and all of the shareholders.

In California, Minority Shareholders Can Sue Majority Shareholders Who Have Abused Their Power to Control the Corporation By Gerald P. (“Jerry”) Burleson, Esq., Member of the California Bar The Supreme Court of California announced a fundamental rule of fairness that must be respected in all situations where majority shareholders exercise their power to control the [...]