What rights do minority shareholders have in a shareholder dispute?

Lommen Abdo Barry O'Neil

Barry O'Neil discusses the rights minority shareholders have in a shareholder.

Transcript:
Minnesota law has protections in 302A. It’s a statute. And there’s a 751 section that provides that you have a right as a minority shareholder to not have the majority shareholders disadvantageously treat you or unfairly treat you. So there’s all sorts of rights in a closed corporation for Minnesota law actually provides that you have a right to participate in management, you have a right to a salary, and a right to really have your interests treated fairly. So those are the general rights that a minority shareholder has.