Orlando — Tampa — Ft. Myers — West Palm Beach
Shareholder Derivative Action Attorneys
Assisting Businesses & Shareholders in Legal Actions
When a shareholder notices an abuse of power within a company, that shareholder has a right to demand the business correct the problem. If the corporation refuses to correct the problem, the shareholder may file a shareholder derivative suit on behalf of the corporation. With over 45 years of legal experience, the law firm of Higley & Szabo, P.A. represent shareholders or the corporation in these actions. Contact our Central Florida shareholder derivative claim civil action lawyers for a consultation.
Representation of Shareholders
There is a specific procedure that must be followed when filing a shareholder derivative action. Our firm assists the shareholder past the complex procedural issues to protect their claim. Prior to initiating the claim, we assist the shareholder in demanding corporate action to correct the problem, including a complete explanation and documentation of the claim. We determine if our client has standing to bring the claim, such as a personal legal interest to protect. Our firm employs investigators to assist with discovery of facts pertaining to the claim and we represent the shareholder in any civil litigation or mediations thereafter.
Representation of the Corporation
When shareholder legal actions are filed, our Central Florida lawyers assist the Board of Directors with the initial assessment of the claim. After creating an independent investigation of the claim, we represent the corporation in upholding or defending against the shareholder's claim. If we are defending against a claim, we work to minimize discovery requests of the other party. Or, if we are upholding the shareholder's claim, we also assist the corporation in seeking restitution from the liable officer, director, or other agent employee.
Throughout the process of shareholder and derivative actions, any pending litigation between the shareholder and the company may be delayed during the investigation process. (See a representative case in this practice area.)
Contact Higley & Szabo, P.A.
Shareholder legal actions are often complex and highly legal issue driven. Early assistance of counsel is paramount to success. Contact our shareholder derivative action attorneys to discuss your representation.
The law firm of Higley & Szabo, P.A., located in Lake Mary, Florida, represents clients throughout Central Florida, the greater Orlando area, and on the Space Coast, including Orange County, Seminole County, Polk County, Osceola County, Lake County, Hillsborough County, Volusia County, and the communities of Altamonte Springs, Daytona Beach, De Land, Fort Myers, Fort Pierce, Jacksonville, Kissimmee, Lakeland, Naples, Ocala, Orlando, Sanford, Sarasota, St. Petersburg, Stuart, Tallahassee, Tampa, Vero Beach, and West Palm Beach.