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Breach of Fiduciary Duty

Civil Litigation Lawyers in Foley

Our established law practice provides unsurpassed depth and breadth in all aspects of an improper use of power. Fiduciary duty is a matter of trust, honesty, loyalty, and good faith. It involves entrusting someone, whether an individual or a corporate entity, with the power to act in the best interest of another. When a fiduciary fails to fulfill his or her obligations to act in the best interest of and for the benefit of another, that individual may have committed a breach of fiduciary duty and can be held accountable for their actions and/or omissions.

Our civil litigation attorneys in Foley have extensive experience in representing clients, both individuals and entities, who are victims of breach of fiduciary duties. We have also achieved tremendous success in advocating for clients who have been accused of breaching fiduciary duties. In businesses, fiduciaries could comprise of officers, directors, partners, and agents.

Such individuals could breach their fiduciary duties by:

  • Fraud
  • Self-dealing
  • Non-disclosure
  • Conflict of interest
  • Competing with the company

About Fiduciaries

In trusts and estates, trustees, executors, administrators, personal representatives, guardians, powers of attorney, health care agents, and conservators would be considered fiduciaries. These fiduciaries could breach their duty of loyalty and acting in the best interest of another by mishandling estate or trust assets, failing to provide asset protection, failing to distribute funds in a timely manner, denying rightful payments to beneficiaries, and conducting affairs in conflict with a beneficiary’s best interest.

Other professionals acting in a fiduciary role include accountants, bankers, business advisors, financial advisors, mortgage brokers, investment and securities firms, real estate agents, and attorneys. Examples of breaches of fiduciary duties by such individuals would include fraud, embezzling client funds, misappropriation of client assets, self-dealing, and making unauthorized transactions.

Call (251) 262-2279 Today

For experienced and knowledgeable representation, contact Caldwell Wenzel & Asthana today. We can help you with all your breach of fiduciary problems and protect you if you were accused of a breach, or work to hold the other party accountable if they breached their duties. Our attorneys have more than 25 years of combined experience in this field of practice and we are courtroom veterans with a long record of success. With us, you can rest assured that our lawyers will protect your rights and fight for your best interests.

Call Caldwell Wenzel & Asthana in Fairhope, Daphne, Foley, and Spanish Fort, Alabama for a free consultation at (251) 262-2279.

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