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Ethics Expert Comments on Minority Shareholder Rights

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Ethics Expert WitnessThis case involves the minority shareholder and Chief Operating Officer of a C-corporation in Utah, where the owners of the company are taxed separately from the company itself. The minority shareholder was forced out of her role, but her former colleagues refused to buy her out, despite the company’s excellent revenue stream. Additionally, the minority shareholder’s employment contract was vague and did not discuss the possibility of a buyout. An expert on both corporate governance and company liquidity was needed to evaluate the company’s valuation, and determine whether mismanagement led to the lack of a buyout option for the minority shareholder.

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