Breach of Fiduciary Duty Attorneys in Boston
Massachusetts Legal Negligence Lawyers
Fiduciaries are usually advisors, directors or representatives with access to or control over finances, a business, or personal information. They have the highest obligation to act in good faith and with honesty. When they breach this duty, you or your business may suffer substantial financial losses.
At Raymond & Bennett, our attorneys have experience bringing claims against fiduciaries for failing to live up to their obligations. Additionally, we use legal technology and alternative fee arrangements to provide clients with cost-effective legal services.
If you suspect a fiduciary has breached their duty to you, contact our skilled breach of fiduciary duty attorneys in Boston.
Fiduciaries in Business
Many executives and business owners have heightened duties to their business and to the other owners, including:
- Board members or directors of corporations
- Shareholders of closely held companies
- Business partners
- Members in a limited liability company
- High level employees
These business people have a fiduciary duty to act in utmost good faith. Fraud, self dealing, negligence and conflicts of interest are just a few of the many ways a fiduciary can breach this duty. If a fiduciary has breached their duty to you or to your company, you need an experienced business law attorney to represent your interests.
Our business law attorneys have the skills and knowledge you need. We will identify mismanagement and work to hold those individuals or entities responsible.
Unfair Trade Practices - Consumer Protect Act
Not only do middle management, business owners and corporate officers owe a duty to each other and their business, they also have obligations to their customers. Consumers and customers are protected from unfair and deceptive trade practices under the Massachusetts Consumer Protection Act.
Under this law, consumers and customers may be able to bring a claim, known as a 93A action, against your company or business. This action can be brought by an individual or owners of the business and a successful claim can result in punitive damages and an award of attorneys' fees. Our firm has experience handling 93A actions and we can help you with your unfair trade practice matter.
Holding Professionals Accountable
Professionals who advise your business on legal and financial matters may also have a duty to act in good faith, including:
- Lawyers
- Accountants
- Financial advisors
- Money managers
- Mortgage brokers
- Trustees and other estate representatives
- Insurance agents
At Raymond & Bennett, we advocate for higher standards to apply to these professionals to improve your chances of recovering losses for you or your business. Contact our business law firm to discuss your claim with an experienced Massachusetts legal negligence attorney.
