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Articles Posted in Chicago and Naperville breach of fiduciary duty lawyers

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Illinois Court Rules that Minority Shareholder Failed to Establish Violation of Right to Examine Corporate Books and Records

Minority shareholders in closely held businesses generally lack the ability to control the actions of a company which makes them vulnerable to oppression from the controlling shareholder or shareholders. Minority shareholder oppression claims frequently include allegations that the controlling shareholders have funneled company money or resources to themselves and attempted…

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