Shareholder's rights refer to the legal and inherent rights that individuals or entities who own shares in a company possess. These rights are designed to protect the interests of shareholders and provide them with certain privileges and powers within the company. While the specific rights may vary depending on the jurisdiction and the company's governing documents, there are generally a few common rights that shareholders can expect. One of the most fundamental rights of shareholders is the right to vote. Shareholders typically have the right to vote on matters that affect the company, such as the election of directors, appointment of auditors, and approval of major corporate decisions. This right allows shareholders to have a say in the management and direction of the company, ensuring that their interests are represented. Another important right of shareholders is the right to receive dividends. Dividends are payments made by a company to its shareholders as a distribution of profits. Shareholders have the right to receive their proportionate share of dividends based on the number of shares they own. Dividends can be an important source of income for shareholders and can contribute to the overall return on their investment. Shareholders also have the right to inspect certain company records and documents. This right allows shareholders to access information about the company's financial performance, governance practices, and any other relevant information that may impact their investment. By having access to this information, shareholders can make informed decisions and hold the company accountable for its actions. Additionally, shareholders have the right to bring legal action against the company or its directors who have violated their fiduciary duties if they believe their rights have been violated or if they believe the company has acted in a manner that is harmful to their interests. This right provides shareholders with a mechanism to seek redress and protect their investments. Overall, shareholders rights are an essential component of corporate governance and ensure that shareholders have a voice in the management and decision-making processes of a company. These rights provide shareholders with important privileges and protections, allowing them to actively participate in shaping the future of the company and safeguarding their investments. The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] timothy l. miles, esq.Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |