09/29/2026
Business owners depend on their partners, fellow shareholders, and other owners to act in the company's interests and deal fairly with one another. When that trust breaks down, the dispute may involve more than a disagreement over how the business should be operated. In some circumstances, the conduct of another owner may constitute a breach of fiduciary duty under Massachusetts law.
Fiduciary-duty claims can arise when a business owner uses company resources for personal benefit, diverts opportunities, competes with the company, conceals important information, or attempts to disadvantage another owner. Recognizing when a business dispute has become a potential legal claim can be important to protecting both the company and an owner's financial interests.
What Is a Fiduciary Duty in a Massachusetts Business?
A fiduciary duty is a heightened legal obligation arising from certain relationships of trust and confidence.
Business owners depend on their partners, fellow shareholders, and other owners to act in the company's interests and deal fairly with one another. When that tr