Meghan A Adams

April 17, 2019 | Delaware Business Court Insider

Under Delaware law, majority or controlling stockholders owe fiduciary duties to the company and its minority stockholders. Under certain circumstances, however, a stockholder that owns less than 50 percent of the company's outstanding stock can be deemed a controlling stockholder and therefore subject to the same fiduciary obligations.

By Meghan A. Adams

7 minute read