When one party relies on another party to act in its best interests, a fiduciary relationship is formed. When a fiduciary takes an action that adversely affects the other party in the relationship, it may provide grounds for bringing forth a breach of fiduciary duty claim.
At the Orange County law firm of Burkhalter Kessler Clement & George LLP (Burkhalter Kessler Clement & George LLP), our attorneys provide skilled representation for parties on either side of breach of fiduciary duty claims. We will work hard to protect your valuable interests and to help achieve the best possible resolution for your legal matter.
Who May Be Considered A Fiduciary?
A fiduciary is another person or party who is charged with making financial decisions for another person or business. Typical fiduciaries include:
- Brokerage firms
- Financial advisers
- Administrators of investment plans
- Company partners and officers
- Real estate agents
A fiduciary relationship is created when one party trusts that the other party will aid, advise or otherwise protect the client when it comes to financial dealings. When there is a violation of this trust, a case may be made that a breach of fiduciary duty occurred.
If a court finds that there was indeed a breach, compensatory and, in some cases, punitive damages may be awarded to the client who was harmed. With extensive business litigation experience, our lawyers understand how to handle these cases efficiently and effectively.
Contact Our Attorneys For Help With Your Business Litigation Needs
If you feel that you or your business has been the victim of a breach of fiduciary duty or if you have been accused of failing to carry out your fiduciary duties, speak with us. Contact us online or call to schedule a consultation. At Burkhalter Kessler Clement & George LLP, we provide business litigation services to companies throughout California.