Business owners give away portions of their ownership interest for many reasons, primarily in exchange for initial funding from family members or to secure investors. The business owner will generally retain at least 51 percent ownership. By definition, a single minority shareholder does not have the voting strength to make or block important decisions.
Although they do not have a controlling interest, minority shareholders have significant rights. These rights can be both contractual in nature and determined by applicable laws in the state in which the company was incorporated.
At The Massaro Legal Group, LLC, we understand the complex relationship between majority and minority shareholders. Since 1996, attorney Jason M. Massaro has successfully guided and represented many individuals and businesses throughout greater Indianapolis.
Contact our office at 317-669-2994 or send us an email to schedule a consultation with attorney Jason M. Massaro.
We provide assistance in a wide range of business matters involving minority shareholder rights related to:
- Inspection rights
- Derivative claims
- Oppression by controlling stockholders
- Protective provisions
- Liquidation preferences
- Pre-emptive, first-refusal and “piggyback” rights
- Board control, appointment of directors and officers
- Noncompete clauses
- Capital expenditure approval
Enforce Your Rights. Protect Your Interests. Speak With The Massaro Legal Group.
Whether you are a majority shareholder who needs contract advice or litigation defense or a minority shareholder who needs to enforce your rights, The Massaro Legal Group can help. Contact The Massaro Legal Group at 317-669-2994 to schedule a consultation. You may also complete a confidential form online, and we will contact you.