Represented MM

Area of Expertise: Business Litigation

Settlement Amount: Confidential

Shareholder derivative case where we represented MM, a minority shareholder, against a local closely held corporation. The dispute was over the value of MM’s shares and whether the company illegally issued new shares, thereby diluting MM’s interest without first offering those shares to the existing shareholders that included MM in violation of the parties’ Buy-Sell Agreement. The lawsuit involved complex accounting principles requiring extensive use of financial experts and Certified Public Accountants. The parties reached a settlement agreement on all issues 2 days before the trial.