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Breach of Fiduciary Duty Lawyer

In business, it is common to have many types of relationships that constitute fiduciary duty. This is an obligation by a business professional to act in the best interest with another professional or business entity. Businesses typically have fiduciary duty relationships with partners, major stockholders, accountants, attorneys, trustees and other business professionals that owe loyalty to the business. When a fiduciary duty is breached, it can cause financial and other harm to the business.

Fiduciary duty is created when a business relies on a professional or entity for their expertise, confidence and judgement. It is an understanding that the professional, such as an accountant, attorney or partner, will act only in the best interest of the business to whom they owe fiduciary duty. When this duty is breached by a professional acting in their own best interests, not that of the company, legal action can be pursued to recover damages.

Types of Breaches of Fiduciary Duty

Lawyers and accountants are two professionals that owe fiduciary duty to their clients. Businesses rely on the discretion and loyalty of these professions to protect their financial interests. If a lawyer uses information gained from a business client to help another client, or to benefit themselves, this is a breach of fiduciary duty. The same is true of an accountant that uses their position to embezzle or to create false accounting for their self-interest.

Any fiduciary relationship can be breached and cause damages. Institutions such as banks, title companies or real estate brokers can use confidential information as fiduciaries for gain, causing economic harm to a business. When these breaches occur, the fiduciary can be sued for damages caused under business tort law.

If your business has suffered financial damages caused by a breach of fiduciary duty, contact our business legal team at Conley Griggs Partin LLP. We will use our extensive experience in business torts and fiduciary duty law to protect your business and pursue damages caused by a breach of fiduciary duty.

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Testimonials

4.8 / 5.0

Based on 8 reviews

Bobby Lee Cook, Trial Lawyer, Summerville, Georgia

We have been privileged to work with Ranse Partin in several high profile cases, and we find his superb scholarship and trial abilities to be excellent.

Kenneth B. Banks, General Counsel, Central Georgia Health System & The Medical Center of Central Georgia, Macon, Georgia

An outstanding attorney, with substantive legal knowledge, skill in advocacy, and sound strategic and business judgment.

L. Joseph Loveland, Senior Partner, King & Spalding LLP, Fellow of the American College of Trial Lawyers, Atlanta, Georgia

Ranse is a talented lawyer and a person of the highest professional character.

Mike D.

Cale Conley has a national reputation as an excellent litigator on behalf of injured people and their families. He is a brilliant lawyer and advocate, with impeccable integrity.

Meagan D., Client (Confidential settlement in claims for breach of privacy and wrongful termination against a manufacturing company)

Thank you so much for all your dedication and hard work on my case. You made me feel adequate and at ease and be able to open up and express a difficult situation. I am, and will be, forever grateful for you making this trying time in my life as manageable as it could possibly be. It was a pleasure working with you. The positive outcome was such a blessing and made me feel honored to have you stand up for a woman’s dignity. I am so thankful to have met such an admirable person and friend. Thanks again for all your support and guidance.

Robert D. MacGill, Partner and Chairman of the Litigation Department, Barnes & Thornburg LLP, Indianapolis, Indiana

My opportunity to work with Ranse Partin confirmed to me first hand his extraordinary judgment as a litigator. He consistently showed a mastery of all the factual and legal details of a very complicated case. He remained thoughtful and calm in all circumstances and served his client very well.

C. Wade Monk, Esq., General Counsel, Floyd Medical Center, Rome, Georgia

Floyd Medical Center is extremely pleased with its decision to trust Ranse Partin and his firm with some of our most complex outside legal work. Ranse has skillfully and successfully handled several highly important managed care contract disputes for us. He is the one we turn to when we need outside legal counsel to help us deal with these type of tough legal issues.

Laura H., Client (Confidential settlement in claims for wrongful termination against a distribution company)

Thank you so much for handling my case so competently. Your skilled guidance, confidence-building manner, and your kind, warm handling of all our encounters eased the pain of confronting a very tough time in my life. You took a difficult situation and created a very positive outcome. Again I thank you for all your help and friendship.

Conley Griggs Partin builing office in Altanta, GA.

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