Question

The client seeks advice concerning the actions of the majority stockholder in a small corporation. The majority stockholder owns 58 percent of the stock, and the client and another shareholder together own 42 percent. The majority stockholder controls the board of directors and is president of the corporation. He refuses to allow the corporation to issue any stock dividends. Until recently, the client and the other minority stockholder worked for the corporation. Last month, the majority stockholder fired the client and the minority stockholder.
What sections of Am. Jur. 2d discuss this topic?


$1.99
Sales0
Views69
Comments0
  • CreatedSeptember 03, 2015
  • Files Included
Post your question
5000