Derivative Action

The Gilman Law, LLP, Naples, Florida Securities Office and its lawyers have over 40 years of extensive experience handling and litigating shareholder derivative actions. Shareholder derivative actions may be brought by shareholders on behalf of a corporation against current or former officers and directors to remedy their violations of state law for breaches of fiduciary duties, abuse of control, gross management, waste of assets, unjust enrichment and misappropriation, and which have resulted in losses to a company or shareholders. By reason of their positions as officers and/or directors of a corporation and because of their ability to control the business and corporate affairs of the company, the officers and directors owe the company and its shareholders the fiduciary obligations of good faith, trust, loyalty, and due care, and were and are required to use their utmost ability to control and manage the company in a fair, just, honest, and equitable manner. Officers and directors are required to act in furtherance of the best interests of the company and its shareholders so as to benefit all shareholders equally and not in furtherance of their personal interest or benefit. Each director and officer of the company owes to the company and its shareholders a fiduciary duty to exercise good faith and diligence in the administration of the affairs of the company and in the use and preservation of its property and assets, and the highest obligations of good faith and fair dealing.

Shareholders may be entitled to recover damages for breach of fiduciary duty, abuse of control, gross mismanagement, waste of corporate assets, unjust enrichment, contribution, indemnification and other violations of law.

The Gilman Law LLP, Naples, Florida Securities Office and its lawyers have handled many extremely complex derivative actions including the Enron collapse, WorldCom fraudulent schemes, and claims relating to the Lehman Brothers f/k/a Shearson Lehman and Bear Stearns collapses.

Legal Help for Victims of Securities Fraud

Gilman Law LLP, Naples, Florida Securities Office is a leading Florida securities fraud law firm and is here to help you recover damages for your shareholder derivative actions case. For a FREE evaluation of your shareholder derivative actions case, please fill out our online form, or if you need to speak to one of our Florida shareholder derivative action lawyers immediately, CALL TOLL FREE (1-888-252-0048) today.

For over 40 years, we have represented investors with investment losses in their shareholder derivative action cases in counties throughout Florida, including Collier County, Lee County, Charlotte County, Hillsborough County, Miami Dade County, Broward County, Orange County, Duval County, and Palm Beach County.