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I Am The Law! Car accidents, personal injury, defamation, libel, malpractice, fraud, bankruptcy, debt, lawyers, corporate law, criminal law, jail, police conduct, prison, employment laws, workers compensation, real estate law, divorce and family court, taxes, education, immigration, military law, insurance, trademarks and copyrights, traffic and driving laws, class action law suits, and more. All of these are welcome topics in this forum.This forum is not intended to be a substitute for professional legal advice. Always seek the advice of professional with any questions you may have regarding a legal situation. Never disregard professional legal advice or delay in seeking it because of something you have read on any web site, including this one. Fair warning: If you're stupid enough to post a confession it could be held against you in a court of law.

 
 
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 #1 
Old 2008-12-07, 11:12
Joxide Joxide is offline
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Default Suspended from job

Hi

Last week my dad was suspended from his job without pay after a disagreement with his colleagues. He is a shareholder (about 8% or something) in a small 4-man business. Since he is a shareholder, does he get extra rights or something? As of now he has no van and no source of income. I'm asking because he's spent the last few days at the bottom of a bottle. My dad has never been an alcoholic type - I've only ever seen him pissed right up like once before. If he can't even stay sober fuck knows how he's going to get a job.

Also, with his shares, I thought that maybe he could sell them to an opposing firm? He used to work for another company doing the same thing but they were a larger outfit. Is there anyone stopping him going to the director of that firm and offering him shares in the opposition's company? It should ruin their shit completely.

Thanks for any help. I'm in England by the way.
 #2 
Old 2008-12-09, 19:47
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Tallahassee FL United States
Default Re: Suspended from job

The way I see it it's only 8%.

He gets 8% of whatever profit trickles out but he can't really have a voice if the 3 other people are against him. In most things like this I think it's majority rule so his 8% can't do shit.

Why would he sell to rival firm? Just sell his stocks or whatever to the open public but now is a terrible time to do so.

There's always unemployment.
 
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