Perma-Jack is a franchisor of a foundation repair and stabilization system in St. Louis, Missouri. Three siblings—John Langenbach, Judy Lanfri, and Joan Robinson—were three equal shareholders. Robinson served as the company’s president for twenty-five years. When the number of franchisees declined, Langenbach and Lanfri had a special board meeting to vote to remove her. She was not provided with salary, severance pay, benefits, or dividends as a shareholder. Robinson filed a suit in Missouri state court alleging breach of fiduciary duty to Robinson as a shareholder. At trial, the court ordered Langenbach and Lanfri to pay her almost

$400,000 in damages and to buy her Perma-Jack shares for fair value. They appealed. Should an appellate court uphold the trial court’s decision?