Blogs > Shareholder Disputes in New Jersey

What Constitutes Oppression

Apr 01, 2013

Your Own Past Bad Acts May Not Necessarily Foreclose Recovery as an Oppressed Minority Shareholder

In a shareholder oppression lawsuit, clients often think that if they have ever done something “wrong,” they have somehow lost their legal rights to complain about fraud or unfairness by the majority.  While a skeleton in one’s closet can be problematic, it is rarely bad enough to cause a minority shareholder to lose the ability to sue his business partners who are treating him improperly. » Read More

Jul 28, 2011

Business Partner Disputes Leading to One Partner Being Terminated

I have posted several times (most recently in January) about termination of an employee/shareholder constituting oppression, because this type of misconduct by majority shareholders happens all the time.  If one had a reasonable expectation of continued, even indefinite, employment, the act of termination itself could constitute shareholder oppression under New Jersey law, possibly giving the terminated shareholder the right to be paid for his or her shares.  » Read More

Sep 02, 2008

Employment Termination As Oppression

Shareholder oppression can take many forms, but one of the most common is terminating a shareholder/employee from his or her employment.  New Jersey case law discusses “oppression” under the applicable statute as a frustration of a shareholder’s “reasonable expectations.”  Terminating one’s employment may satisfy this test. » Read More