Shareholder disputes in small, closely held corporations can involve disputes over management control, shareholder agreements, capitalization, minority shareholder oppression, forced buyouts and disputes involving valuation of minority interests. These disputes can take place among members or managers of an LLC as well.

There are various circumstances that lead to shareholder disputes in public and private corporations including fraud, mismanagement, misleading or withholding information, unfair termination, salary issues and bad faith.

Get Help Resolving Shareholder or Partnership Disputes in Your Favor.

The Lamothe Law Firm Has a National Reputation for Excellence.

Leading attorney Frank Lamothe is listed in every edition for past 30 years for Personal Injury.

Lamothe Law Firm selected as one of the Best Law Firms – Personal Injury.

Frank Lamothe has received a Martindale-Hubbell AV Preeminent ranking for the past 35 years, which is the best possible rating, given by other attorneys.

Frank Lamothe is a member of the American Board of Trial Advocates, available to top trial attorneys in the country by invitation-only.

Rated by New Orleans Magazine as one of the Top Lawyers in the city.

Awarded to the top 5% of personal injury lawyers in Louisiana, Frank Lamothe has received this honor every year since 2007.

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The National Trial Lawyers: Top 100, Frank Lamothe, member by invitation-only.

New Orleans CityBusiness Leadership in Law winner based on professional & community involvement and achievements – 2014 and 2015, Frank Lamothe.

Minority Shareholders Need Protection

When majority shareholders unfairly take advantage of minorities, they may be held liable for their oppressive conduct. State laws require majority shareholders in public or private corporations to act in good faith, loyalty, fair dealing and full disclosure when dealing with the minority shareholders. However, it is not too difficult for the majority shareholders to oppress the minority, especially when pre-determined agreements were not made in advance.

Victims of corporation shareholder disputes may be eligible for compensation for their losses, which most commonly involves the purchase of their stock or share for fair market value and more.

Partnership Disputes Often Involve Fraud or Misappropriation

Partnerships usually involve strong relationships between two or more partners. Disputes can involve oppression of minority interests, valuation of partnership interests or capital investments, trade secrets and proprietary information, breaches of confidentiality and non-compete agreements.

Because of the complex issues that arise out of shareholder and partnership disputes, it is important to seek the help of an experienced and qualified business litigation attorney who can help you resolve your case successfully.

Frank Lamothe has extensive experience in shareholder/partnership litigation including a significant judgment in excess of $2 million dollars
in the breakup of an LLC involving allegations of breach of fiduciary duty
by the managers and members of the LLC.

Contact Lamothe Law Firm today
for a FREE consultation


400 Poydras Street, Suite 1760
New Orleans, LA  70130  
(504) 704-1414