Breach of Fiduciary Duties

Fiduciary duties are created when a legal relationship between two or more parties is formed. The fiduciary is the party entrusted with protecting specified assets, i.e. money or property. It is this individual that is required to act in good faith and operate without acquiring personal gain.

Are you or someone you know seeking legal advice due to a breach of fiduciary duties? If so, contact one of our securities attorneys in your area today!

A Breach of Fiduciary Duty occurs in one of the following three ways: (1) A conflict of interest has caused the fiduciary to lose sight of the best practices required to properly protect said assets. (2) A conflict of duties is indicative that the fiduciary has more than one 'client' that have conflicting interests. (3) A breach of the 'no personal gain' clause in the form of bribes or other profiting avenues detrimental to the 'client.'

Types of fiduciaries include:

• Agents
• Bankers
• Company Directors
• Doctors
• Liquidators
• Parents/Guardians
• Partners
• Senior Employees
• Stock Brokers
• Trustees

A Breach of Fiduciary Duties Lawyer can provide you with the assistance you need to collect compensation. A fiduciary is law bound to consistently act in the best interest of their client and is therefore liable for any selfish, malicious, or negligent actions. If you or someone you love has suffered due to a breach in fiduciary duties, contact an attorney immediately!

Are you or someone you know seeking legal advice due to a breach of fiduciary duties? If so, contact one of our securities attorneys in your area today!

Updated: LW

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Are you or someone you know seeking legal advice due to a breach of fiduciary duties? If so, contact one of our securities attorneys in your area today!