What Are Your Inspection Rights as a Shareholder

Reed explains that in Florida, shareholders have the right to inspect their company’s financial records and the books of their company. Before, or in conjunction with filing a lawsuit, a shareholder can demand inspection of:

• Bonus and salary payments to personnel
• A disclosure of lawsuits filed against the corporation
• Accounting records
• Corporation bylaws
• Corporation records and books
• Records of actions that were taken without a meeting
• Vendor payments
• Shareholders records
• Business addresses and names of the corporation’s directors and officers
• Minutes of meetings for:
o Shareholders
o The board of directors, and, any committees.

So, how do you exercise these rights as a shareholder? First, talk with an experienced attorney. Find out what the next best step is for your situation.

Reed is the Managing Partner of Bloodworth Law, PLLC, represents plaintiffs and defendants in cases including:

Business Litigation:
--Breach of Contract
--Shareholder & Partnership Litigation
--Business Torts

Trust & Probate Litigation:
--Accounting Actions
--Breach of Fiduciary Duty
--Undue Influence
--Lack of Capacity
--Tortious Interference with a Testamentary Expectancy

Employment Law
—Non-Compete Agreements
—Discrimination or Harassment
—Overtime & Minimum Wage
—Business Policies

Personal Injury Protection Litigation
--For doctors
--For dentists
--For hospitals
--For medical providers

Mediation
--For families, businesses, and individuals

Reed has practiced Florida law since 2004 and has handled hundreds of cases for clients across Florida in cities including:
• Daytona Beach
• Fort Meyers
• Fort Lauderdale
• Isleworth
• Kissimmee
• Lakeland
• Naples
• Orlando
• St. Augustine
• St. Petersburg
• Sarasota
• Tampa
• Tavares
• The Villages
• Windermere
• Winter Haven
• Winter Park
• West Palm Beach