An Atlanta litigation attorney at KPPB Law, released a blog listing the rights of a minority shareholder within a C corporation. The blog begins by discussing what a C corporation is and the roles of a C corporation in the corporate world. It then defines what a minority shareholder is and what rights a minority shareholder is entitled to. The blog ends by discussing what to do when the rights of a minority shareholder are violated, primarily directing the reader to contact an Atlanta litigation attorney. The Atlanta litigation attorney hopes to educate people on the rights of a minority shareholder in order to avoid civil lawsuits against much larger corporations.
C corporations and minority shareholders play an integral role in the corporate world. C corporations are corporations that are taxed separately from its owners who hold the majority stock in the corporation. A minority shareholder, however, is the one who owns a portion of a company's stock that is not owned by the parent corporation. Usually the amount of stock a minority shareholder owns is less than 50%, otherwise this shareholder will no longer qualify as a minority shareholder.
A minority shareholder is granted several rights that both they and the C corporation should understand. One of which is the right to dissent if a C corporation's governing documents which directly concerns the shareholder rights of the minority. Another right allows the minority shareholder freedom to file a lawsuit should the board of directors not act in the best interests of the corporation. If a minority shareholder is feeling oppressed, financially mistreated, or that their rights are generally being violated, the blog urges this shareholder to contact a reputable and qualified litigation attorney to handle their concerns.
KPPB Law is an Atlanta corporate law firm with litigation attorneys dedicated to assisting many different companies, small businesses, minority shareholders and C Corporations. Founded in 2003 in Atlanta, Georgia, KPPB Law has been a standout in litigating for a host of different firms. They are stationed in three areas: Atlanta, Georgia; Houston, Texas; and Gainesville, Virginia.