Have You Been Affected by a Breach of Fiduciary Duties? We Work to Correct the Negligence You Have Wrongfully Endured.

Breach of Fiduciary Duties

Proven Commercial Litigation Attorneys Serving Clients Nationwide

A fiduciary duty is essentially a legal obligation to act in the interests of a specified party, referred to as principals. This includes the duty owed to a client by their attorney, or the duty a director owes to their shareholders. When a fiduciary you’ve trusted fails to act in your interests, you have a right to pursue justice.

At Sico Hoelscher Harris LLP, our commercial litigation attorneys have more than 100 years of collective experience with these complex claims. When you retain our firm, we will work aggressively to hold the fiduciary responsible for their misconduct and to help you obtain the appropriate remedy in your case.

Our firm has the experience, resources, and history of success to take on even the most complex cases. Call our Corpus Christi commercial litigation lawyers at (877) 653-3334 today to learn how we can help you.

What is Breach of Fiduciary Duty?

If a fiduciary relationship is established, the fiduciary must act in the best interest of the trusting party. When a breach of this responsibility occurs, there is a variety of legal issues that affect both companies and individuals, such as failure to disclose financial information, misuse of a superior position, breach of confidentiality, unfair seizure of business opportunity, etc. A common issue with these types of cases is determining the complex nature of business relationships that create a fiduciary relationship.

Who is a Fiduciary?

A fiduciary is an individual who has a fiduciary duty. In some instances, these persons are also referred to as trustees. The person who owes the duty is often referred to as the beneficiary or principal.

What is the Fiduciary Duty of Law?

According to corporation law, the duty of loyalty describes trustees’ conflicts of interest and obliges trustees to put the best interests of the corporation before the trustee’s own.

Corporate fiduciaries technically breach the duty of loyalty when they divert the following for personal gain:

  • Corporate assets
  • Information
  • Opportunities

Not sure if you have a case? Contact us today to schedule your free initial consultation today.

Trust Your Case To Our Experienced Firm

Our Corpus Christi commercial litigation lawyers are skilled negotiators in the boardroom, and aggressive trial attorneys in the courtroom, allowing us to successfully pursue optimal outcomes. When you retain our firm, you can feel confident knowing that your case is in the hands of our highly skilled team.

Our team has successfully litigated on many of these types of claims, notably:

  • Two business partners convinced a third to sell his interest in the business for $275,000. The business was re-sold 3 months later for $16.5 million. Our client learned of this transaction 4 years later. We successfully prosecuted the case and recovered our client’s fair share of the sale proceeds.
  • Our attorneys successfully represented a family against a national bank’s trust department in a case involving the mismanagement of an $8 million dollar trust.

    Our Reviews

    • “After a lapse of nearly four years, I discovered that my former business partners had intentionally mislead me and convinced me to sell out of a business for a few hundred thousand dollars, which they sold for over $16 million four months later. After a pr”

      John Jalufka

    • “After my accident, my life was turned upside down. I had to place a tremendous amount of trust in SHHB during a vulnerable time in my life - and I am so glad I did. You delivered justice against great odds. You also brought about much-needed closure for me”

      Rose Munoz

    • “I don't know how you do the job you do, but I'm so thankful for people like you.”

      Laura Rund

    • “SIco Hoelscher Harris should be commended for recognizing the opportunity for a winning case even though (another attorney) turned it down and you had a short time frame to work within. Furthermore, I appreciated your professional manner and you”

      Wm. E. (Bill) Martin

    • “First of all, we don't know how to thank SHHB. You guys did a terrific job for us. Sometimes we think that our boys sent you guys to us for help. We appreciate everything you did for us and you guys will be a part of our lives forever.”

      The Chuyito Family