Tampa Breach of Fiduciary Duty Lawyers
Tampa is home to a fast-growing, competitive business community—where partnerships, joint ventures, and startups are constantly forming. In any business relationship, trust is the foundation. When that trust is broken—especially by someone in a position of authority or confidence—the financial and legal consequences can be serious. That’s why business owners turn to our experienced Tampa breach of fiduciary duty lawyers at Southron Firm, P.A.
We help business owners across Tampa recover from the damage caused by a breach of fiduciary duty. Whether your partner misused company funds, acted in their own interest, or failed to uphold their legal obligations, we step in with aggressive legal action to hold them accountable. When necessary, we pursue resolution through negotiation, mediation, or commercial litigation to protect your business and recover losses.
Fiduciary duty is not optional. Partners, officers, and directors are legally required to act in good faith and in the best interest of the business. When they don’t, you have the right to act—and waiting too long can cost you leverage, money, and control.
If you’re facing a breach of fiduciary duty, contact Southron Firm, P.A. today. We’ll help you protect your business before the damage gets worse.
What Is a Fiduciary Duty?
A fiduciary duty is a legal obligation for someone to act in the best interest of another person or the business. It’s about trust—when one person has more power or influence in a situation, they’re expected to use that power responsibly. Failure to do so can lead to serious financial loss and disrupt your business.
People in fiduciary roles must avoid conflicts of interest, handle money and decisions carefully, and put the business ahead of their personal interests. At Southron Firm, P.A. we help Tampa business owners understand their rights, identify breaches early, and take legal action to protect their business and investments.
In Florida business law, fiduciary duty typically includes:
- Duty of Loyalty: The fiduciary must put the business’s interests ahead of their own. This means no self-dealing, no competing businesses, and full disclosure of any potential conflicts.
- Duty of Care: They must make informed decisions, pay attention to important business matters, and avoid careless mistakes that could hurt the company.
- Duty of Good Faith: Fiduciaries must act honestly, follow the law, and uphold the purpose of the business—not manipulate processes for personal gain.
Not everyone in your business owes this duty. It applies to people with key decision-making power—such as partners, LLC members and managers, corporate officers and directors, majority shareholders, and executives with control over company assets.
If someone in these roles breaches their duty, you may be entitled to compensation. Southron Firm, P.A. has successfully helped Tampa business owners hold fiduciaries accountable, securing recoveries and protecting their business futures.
Common Examples of Breach of Fiduciary Duty
At Southron Firm, P.A., we’ve represented business owners across Tampa who have suffered significant financial harm due to partners, managers, or officers violating their legal duties. With a strong track record of holding fiduciaries accountable, we know how to pursue justice when trust is broken.
Under Florida Statute § 607.0830, corporate officers and directors must act in good faith, with the care an ordinarily prudent person would exercise under similar circumstances, and in a manner they reasonably believe to be in the best interest of the corporation. Violating these duties isn’t just unethical—it’s a legal wrong you can challenge in court.
Here are the most common types of fiduciary breaches we handle in Tampa business disputes:
Misappropriation of Business Funds
If someone with access to company finances uses funds for personal expenses or shifts money without authorization, that’s a clear breach. We’ve worked with Tampa business owners who discovered irregularities after months of unexplained losses. The longer these go unchecked, the harder recovery becomes.
Self-Dealing or Conflicts of Interest
This happens when a fiduciary makes decisions that benefit themselves instead of the business. These are not just poor choices—they’re legal violations that could justify damages or removal. If you’ve been shut out of decisions or are suspicious of backdoor deals, it’s time to consult a lawyer.
Failure to Disclose Material Information
When a business partner or manager hides financial issues, pending litigation, or changes in ownership structure, that’s a breach. We’ve seen Tampa-based businesses blindsided by withheld information that led to lost investors or broken deals. As a business owner, you have a legal right to be fully informed about decisions and risks that impact your company.
Negligence or Mismanagement
Not every breach is intentional—sometimes it’s just carelessness. But poor oversight still causes harm. This can look like failing to file taxes, ignoring compliance deadlines, or letting the business fall into disrepair. If a partner’s inaction is putting your business at risk, we can step in before the damage gets worse.
Competing with the Business While Still in a Fiduciary Role
This issue arises more often than many expect. A co-owner might start a competing business while still drawing a paycheck or accessing confidential information. This isn’t just unethical—it’s grounds for legal action. We’ve handled Tampa cases where former partners used trade secrets or client lists to start rival companies.
We’ve helped Tampa business owners recover from serious breaches—and we can help you. Reach out today to discuss your options with our Tampa breach of fiduciary duty lawyers.
Breach of Fiduciary Duty Legal Consequences & Remedies
When someone breaches their fiduciary duty, it’s a legal violation. Often, breaches occur alongside a breach of contract or other contract law issues, which we address to ensure your agreements are enforced and your business protected.
Here are the most common breach of fiduciary remedies available to Tampa business owners:
- Civil Lawsuits – Sue for financial losses caused by fraud, mismanagement, or self-dealing.
- Damages – Recover stolen funds, lost profits, or the reduced value of your business.
- Injunctions – Court orders to freeze assets, stop harmful behavior, or block unauthorized transactions.
- Forensic Accounting – Investigations to trace missing money or uncover hidden misconduct.
- Removal of Fiduciary – Courts can remove a partner, officer, or manager who poses an ongoing risk to the business.
- Statute of Limitations – You generally have 4 years from when the breach was discovered to take legal action in Florida.
Dealing with a breach of fiduciary duty can be overwhelming—especially when someone you trusted put your company at risk. We’ve helped Tampa business owners recover stolen funds, remove negligent partners, and restore control of their businesses. Our attorneys hold fiduciaries accountable and help clients recover the compensation they deserve.
Why Choose Southron Firm, P.A. for Your Breach of Fiduciary Duty Case in Tampa?
When someone you trusted with your business violates their duty, it puts your company and investments at serious risk. You need lawyers who act decisively to protect your rights and hold fiduciaries responsible. We guide clients through fiduciary breaches, partnership disputes, and related business conflicts with strategic legal solutions.
At Southron Firm, P.A., we understand how damaging these breaches can be for Tampa businesses. We combine local experience with deep knowledge of Florida law to deliver practical, results-driven representation.
When you work with us, you can expect:
- Focused expertise in breach of fiduciary duty claims involving partners, officers, and corporate leaders
- Tailored strategies that align with your business goals and legal needs
- Aggressive advocacy to recover losses and stop ongoing harm
- Clear communication so you always know where your case stands
- Commitment to protecting your business’s financial health and long-term success
Breaches of fiduciary duty cases are complex and personal. We don’t just provide legal solutions—we work as your partner to protect what you’ve built and help you move forward with confidence.
Protect your business and hold fiduciaries accountable. Schedule a consultation with our experienced Tampa breach of fiduciary duty lawyers today.
Why Tampa Business Owners Trust Southron Firm, P.A. for Breach of Fiduciary Duty
A breach of fiduciary duty threatens your business’s finances and future. Tampa business owners rely on Southron Firm, P.A. for experienced, effective legal representation that holds fiduciaries accountable.
We understand Tampa’s business landscape and the urgency these cases demand. Our team provides clear advice, transparent communication, and aggressive action to recover losses and protect your interests.
Here’s what a client shared about their experience with our Tampa breach of fiduciary duty lawyers:
“Joe and the team not only held my hand through the entire processes, they kept my best interest at the forefront of everything they did for me. I was seen and heard; and cared for and about. They fought and did not back down. They were honest and pushed me into the right direction no matter how frustrated I got. They will be my go to law firm for any needs from this point on. Highly recommend this team.” – Elizabeth G.
At Southron Firm, P.A., we’re dedicated to protecting your legal rights and securing your business’s future.
Contact Our Tampa Breach of Fiduciary Duty Lawyers
If a fiduciary has violated their duty and put your business at risk, you need experienced legal help—fast. At Southron Firm, P.A., we specialize in protecting the rights of Tampa business owners like you. We focus on getting results: stopping harmful actions, recovering losses, and holding responsible parties accountable.
- Schedule a Consultation
- Location: 400 N Ashley Dr Suite 1720, Tampa, FL 33602
- Phone: (813) 773-5105
- Email: people@southronfirm.com
