Helping Businesses In Connecticut And Massachusetts Pursue Compensation For Breach Of Fiduciary Duty
Fiduciaries are individuals, advisors or representatives who have access to your confidential information. This includes financial advisors, lawyers, board members and other individuals whose roles require a high level of trust and care.
These fiduciaries have an obligation to act with the utmost good faith and honesty. When someone commits a breach of fiduciary duty, the effects can be widespread and very damaging. An individual can be left with significant financial losses. Partnerships could abruptly end or a business could cease operation.
At Raymond Law Group LLC in Glastonbury, Connecticut, we know what is at stake when a close advisor breaches your trust. We can help you pursue compensation after a fiduciary breaches his or her duty to you or your business.
If your company has been the victim of fraud or other conduct related to a breach of fiduciary duty, do not try to handle it on your own. A knowledgeable Connecticut breach of fiduciary duty attorney can act as your advocate and help you through the legal process.
Breach Of Fiduciary Duty In Partnerships
A partnership is a business arrangement, but it also involves a bond of trust. Partners in business or shareholders in closely held companies can owe each other a fiduciary duty to act with the utmost good faith. Sadly, sometimes partners do not act with good faith toward each other or the business. Many times, one partner has greater oversight of the finances. If the minority partner has no access to information on the business operations, a breach of fiduciary duty can sometimes result.
Holding Professionals Accountable For Breaches Of Fiduciary Duty
Those caring for a company’s or an individual’s finances should be held to a higher standard. When a breach of fiduciary duty is uncovered, they must be accountable for their unethical actions. At Raymond Law Group LLC, we argue for higher standards to apply to these professionals to improve the chances that you or your business will recover damages. We represent clients who have encountered all types of breaches of fiduciary duty, including:
- Conflicts of interest
Experience In Various Industries
Our experience in breach of fiduciary duty has encompassed professionals in various industries, including mortgage brokers, money managers and insurance agents. From middle management to corporate officers, we have the experience to not only identify mismanagement but also move forward with litigation to hold those individuals or entities responsible.
While we do represent individuals, we place a strong focus on protecting the rights of local Connecticut businesses in litigation. We handle a wide range of business disputes and issues. No matter what commercial issues arise, our attorneys stand ready to negotiate, arbitrate, mediate or take your case to court when necessary.
Contact Our Lawyers Today
For more information or to schedule an appointment with an experienced lawyer regarding a breach of fiduciary duty at your business, please contact us via our online form or by calling 860-633-0580. Your first consultation with an attorney at our firm is free of charge.