Your Bergen County, NJ shareholder dispute lawyer can walk you through your next steps if you’re trying to keep your business running smoothly. As a business owner or executive officer, you’ve already got enough to deal with by keeping your business afloat in the first place. A shareholder dispute can distract you from your primary goals, but the team at Kantrowitz, Goldhamer & Graifman, P.C. can keep you focused. We’ve been helping our clients since 1975, and we’ve assisted with business disputes, partnership disputes, and shareholder disputes alike. Now, it’s our turn to help you. Read on to learn more about shareholder disputes, and contact us today to ger started on your case.
Common Causes For Shareholder Disputes
There are many causes for shareholder disputes, and depending on the type of business you’re running, certain causes are more likely than others. Of the most notable, you’re most likely going to encounter disputes over compensation, and disputes over company management. These disputes can all seriously delay new projects at your business, and in some cases, they can also cost a lot of money. Fortunately, your Bergen County shareholder dispute lawyer can help you come to a satisfactory resolution.
Disputes Over Compensation
Compensation disagreements are the root cause of many shareholder disputes. Employee shareholders may wish to dispute the amount of money they receive, and other shareholders may wish to see money redirected to other projects. If your shareholders are unhappy with how your company has been operating, they may have strong feelings about who should be compensated and the pay other members of your team should be receiving. Every business is different, and every shareholder dispute is different, too.
Shareholder Appraisal Rights
Your shareholders have rights, and they can – and will – exercise these rights from time to time. Appraisal rights are one of these key rights. If your company is about to be bought or sold, your shareholders can disrupt the entire process if they believe the price is too low. Your shareholders have the right to request different valuation methods so they can be paid a better price in the event of a merger or acquisition.
Minority Shareholder Rights
Minority shareholders don’t have majority control over a corporation. However, even if you have a smaller stake in the company, you still have rights you can exercise. If you feel you’re being frozen out by majority shareholders, you can seek protection under New Jersey’s Oppressed Minority Shareholder statute, which exists to protect you if executives or majority shareholders are acting fraudulently or mismanaging the company.
Contact Us Today To Get Started
A shareholder dispute can distract you from what really matters, and it has the potential to drag on for a lot longer than you’d expect. Fortunately, you can count on the team at Kantrowitz, Goldhamer & Graifman, P.C. to keep the ball rolling. We’re ready to use our 40+ years of legal experience to make sure your shareholder dispute gets settled, and we’re ready to help you fight for the best outcome possible. Get in touch with us today to get started, and see how a Bergen County shareholder dispute lawyer from our office can make a difference.