Breach of Fiduciary Duty

A Houston Business Law Attorney Can Help

At Arnold & Itkin LLP, we represent clients in complex business litigation matters, including breach of fiduciary duty. We understand that business relationships and your business itself can be quickly threatened when one party fails to uphold his or her duty, and we believe you have a right to experienced representation to protect your business interests.

A breach of fiduciary duty occurs when one individual fails to uphold his or her financial obligation to another individual or entity. A fiduciary duty is an obligation; and example of such is the duty of an accountant to honestly review and report the financial statements of a client. A fiduciary duty also implies a certain level of trust; you trust that your CPA will perform the accounting duties you have agreed to pay for in your contract or agreement. When that trust is violated, the duty has been breached, and typically, financial loss happens as a result.

Some examples of breach of fiduciary duty include the following:

• The trustee of an estate taking or mismanaging money on behalf of a beneficiary.
• A business partner taking a business opportunity away from the company for his or her own profit.
• A board of directors taking action that goes against the interest of the company, for the board members' own financial gain.

The bottom line is that if you have suffered financial damage because someone else has taken advantage of your trust and violated the terms of your business relationship, you have the right to pursue a claim for damages.

Pursuing a Breach of Fiduciary Duty Claim in Houston

Breach of fiduciary duty claims can be complicated and require the assistance of a dedicated, experienced legal team. A Houston business law attorney at Arnold & Itkin LLP has represented many such claims on behalf of our clients, and we know how to prepare extensive and effective cases. We conduct thorough investigations and work with qualified industry experts to evaluate the details of the breach and the damage it caused. We will clearly present the business relationship between your company and the person or company against whom you are filing a claim and present an organized, persuasive argument of evidence on your behalf.

If you have been the victim of a breach of fiduciary duty, you deserve the opportunity to recover compensation for your losses. The Houston business litigation lawyers at our firm are experienced and ready to handle your case. If you need representation or have questions, we can help provide you with the right recommendations to protect your company.

Learn more about seeking financial damages caused by a breach of fiduciary duty; contact a Houston business lawyer at our office today.