Breach of Fiduciary Duty

When you trust someone to act in your best interest or place special confidence in them to act on your or your business’ behalf and they fail to do so, you potentially have a cause of action for breach of fiduciary duty. Those who have a fiduciary duty are held to the absolute highest standards of care. Most often those in such positions of trust fall into special categories like partner, attorneys, brokers, agents, or officers of a company; however, others can be considered to hold a fiduciary duty under certain conditions.

  • Duty of loyalty and utmost good faith
  • Duty of utmost candor
  • Duty to refrain from self-dealing
  • Duty of fair and honest dealing
  • Duty of full disclosure