FIDUCIARY DUTY CLAIMS
Types of Fiduciary Liability Claims
Claims of a breach in fiduciary duty can arise in many different situations. It is crucial to have a legal expert in fiduciary breach claims representing your interests whenever a case like this occurs. Some of the most common claims of a fiduciary breach include the following:
● Challenges to Management Decisions: One type of claim of a breach in fiduciary duty is a challenge to management decisions. This type of claim often arises when the beneficiaries of a fiduciary relationship do not agree with the fiduciary's decision making. Some evidence of a breach in fiduciary duties includes negligent, reckless, or intentional decision-making choices that are not in the beneficiaries' best interest.
● Claims of Self-Dealing: Another potential claim for a fiduciary breach is self-dealing. Self-dealing occurs when a fiduciary benefits from legal or financial decisions intended for the beneficiaries. A fiduciary must always act in the best interest of the beneficiaries trusting in him or her. When the fiduciary benefits from the decision-making authority vested in him or her, a breach may arise.
● Conflicts of Interest: A breach in fiduciary duty can also occur where a conflict of interest arises. A conflict of interest is often claimed alongside a claim of self-dealing, but not always. Conflicts of interest can result in many ways, including when a fiduciary is in charge of two different parties with conflicting interests. When this occurs, a fiduciary may make a decision that is in the best interest of one party but not the other.
How an Experienced Attorney Can Help
A claim of a breach in fiduciary duty is a serious matter that can have significant legal and financial ramifications. This type of case is also often complex, requiring an expert in both the law and in finance who can understand when and how a breach may or may not have occurred. By hiring an experienced attorney like those at The Soto Law Office, you are ensuring that your fiduciary breach case is being handled by a professional who has your best interests at heart. A lawyer can request all of the necessary discovery items and review all relevant evidence in your case. An attorney is the best person to negotiate your claims and make the best possible arguments for your case in court. To learn more about how an attorney can help in your fiduciary liability case, call or contact our office now.
Call or Contact the Office Now
When a relationship exists in which someone is in a position of trust over the interests of others, a fiduciary duty can exist. Those with a fiduciary duty are required to act for the benefit of others and not for themselves, but sometimes in financial or legal matters, a claim may arise that a fiduciary has breached his or her duty in the position of trust. At The Soto Law Office, P.A. in Altamonte Springs, our team of highly qualified legal professionals is prepared to prosecute or defend your breach of fiduciary duty claim. Call the office or contact us today for a free evaluation of your case.
A claim of a breach in fiduciary duty is a serious one that should only be handled by the most seasoned legal experts. If you would like to speak with an attorney about your case of fiduciary breach, call the office or contact us today in Altamonte Springs at The Soto Law Office to schedule a consultation of your claims.