Dallas Business Litigation Attorney
Representing Your Breach of Fiduciary Duty Interests
A fiduciary is a role taken by an individual or an organization to properly
manage the investment of another party's assets (usually a group of
people's assets). This is basically a trustee position that is subject
to many sensitive responsibilities and laws. When these responsibilities
are breached, the investment and reputation of the investors can be compromised
and legal action is often required to hold the proper parties accountable.
Whether you are an organization looking to hold a fiduciary responsible
for a breach of duty or you or your organization has been accused of breach
of duty, the
Law Offices of Dan Chern, P.C. can assist you. Attorney Chern has been protecting the rights and managing
the risks of businesses for more than two decades. Our firm understands
the gravity of a breach of fiduciary duty accusation and is well-versed
in resolving these matters as swiftly and favorably as possible on behalf
of his clients.
Start learning about your legal options today. Use our online form today
to request a
free case evaluation.
How is fiduciary duty breached?
Paramount to any fiduciary/client relationship is trust. Beyond any financial
expertise or industry knowledge a fiduciary has, their first duty is to
their client. This trust is represented (and can be breached) in two distinct ways.
Breach of fiduciary duty usually involves breach of:
Duty of care. Duty of care is the fiduciary responsibility to provide the very best
counsel and service they can. This includes keeping clients abreast of
all information pertinent to their investment, providing a comprehensive
scope of different options and presenting unbiased advice.
Duty of loyalty. Duty of loyalty is the fiduciary responsibility to take on no other clients,
duties, or interests that would conflict with the well-being of the client's
investment. Most commonly, fiduciaries discovered to be secretly keeping
profits or participating in insider training are found to be in violation
of duty of loyalty.
These are just the broad strokes as to what can constitute a breach and
fiduciary duty and violations of these duties can manifest in countless
different ways. No matter what your circumstances are, however, the Law
Offices of Dan Chern, P.C. has the experience, knowledge, and resources
to see your case through the best possible outcome.
Secure legal solutions are just a phone call away.
Call us at 972.200.3078 today.