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One of my business partners, officers or directors has breached his fiduciary duty to our company. What can we do?

 

A: Partners, officers and directors of a business have a fiduciary duty to their company. This means that they may not misuse company assets, provide sensitive information to competitors or take any other type of unethical action that will have an adverse effect on the company. If a person with a fiduciary duty to the company fails to uphold this duty, the other partners, owners or shareholders may have a claim for damages.




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112 College Place
Norfolk, VA 23510
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Email: info@weislaw.com
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