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Mar 28, 2018

Breach of fiduciary duty claims Lawyers

A fiduciary duty is the duty, under the law, of one person to act in the best interest of another person or group. A common examples is a company’s Board. The individual members of the board owe a duty to the shareholders to operate in the best interest of the company. Similarly, the trustee of a trust has the obligation to operate in the best interest of the trust’ beneficiaries. Attorneys have fiduciary duties to their clients. fiduciary duty occurs when the relationship involves special trust or confidence and the reliance of the party that the fiduciary is acting in their best interests.

A fiduciary can breach his or her duty in many ways, but the legal liability focuses on four elements: (1) duty (did the individual have a fiduciary duty? (2) breach (did the individual breach or violate the duty?), (3) causation (did the breach cause some harm? and (4) damages (are the financial or other damages that can be recovered?

Attorneys who represent clients in breach of fiduciary duty claims are well versed in tort law as to this area and precedent regarding who owes fiduciary duty. They are excellent litigators with experience in a court room and pursuing claims for monetary damages. If a trusted business partner, director, or company officer has behaved in a way that has betrayed your trust and you suspect there was a breach of fiduciary duty, you should meet with an attorney.

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Manhattan

85 Broad Street, 30th Floor
New York, NY 10005

Queens

35-37 36th St,
Astoria, NY 11106

Brooklyn

195 Montague St.
14th Floor,
Brooklyn, NY 11201

Manhattan

85 Broad Street, 30th Floor
New York, NY 10005

Phone

888-977-6335

Queens

35-37 36th St,
Astoria, NY 11106

Phone

888-977-6335

Brooklyn

195 Montague St.
14th Floor,
Brooklyn, NY 11201

Phone

888-977-6335