When investing in a company, a person needs to know all the financial information they possibly can in order to make an informed decision about their investment. To facilitate this, Florida outlines certain rights a shareholder has when it comes to financial information. These rights are set forth in the Florida Business Corporation Act at section 607.1602. A shareholder has a right to inspect and copy, during regular business hours, at the corporation’s principal office, any of the records of the corporation described in section 607.1601(5) if the shareholder gives the corporation written notice of the demand at least 5 business days before the date on which he or she wishes to inspect and copy.
Additionally, a shareholder may have the right to inspect other records of the corporation such as records of certain committee actions, accounting records, the record of shareholders, etc. if specific requirements are met by the shareholder. There are remedies available to a shareholder who is denied access to corporate records, including a court-ordered inspection. Moreover, if the court orders inspection or copying of the records demanded, a shareholder may also be entitled to recovering his or her costs, including reasonable attorneys’ fees, reasonably incurred by the shareholder. At Schecter Law, our Fort Lauderdale business lawyers can provide cost-effective representation to protect your financial interests.
If you feel you are wrongly being denied access to critical information, you have remedies as a shareholder. Our team of South Florida business lawyers will work to identify any information that has been withheld from you and seek any and all relief under the law in order to ensure that your interests are upheld.
We utilize the team approach because we believe that collaboration enhances the quality of service to our clients, and adds value to our representation. Our attorneys bring insightful legal analysis and hard work in every aspect of your case. We dedicate detailed and in-depth attention and analysis to all of our cases at a level that surpasses the big firms, but with legal fees that do not. This allows you to save money while sacrificing nothing in terms of expertise or quality of representation. We take great pride in our client satisfaction and in fostering a level of trust through open communication.
We are committed to our clients as we are to their cases – Your phone calls are returned promptly; the lawyer assigned to your file is directly accountable to you; and, you will always be able to contact the partner in charge directly, without any buffers. If you feel that information is wrongly being withheld from you as a shareholder, contact the South Florida financial records attorneys at Schecter Law. We strive to produce satisfied clients and we would be happy to assist in any foreclosure proceedings you may have.