Question

  03/17/13, 9:09 am
With my brother we stared a venture and also an S Corporation. Each of us in the paperwork has 100 each of the 200 total shares. A third guy wanted to make an investment. A friend of my brother is he. He deposited 100,000 into our company's checking account over the course of a couple of months, with no agreement on paper for anything. Now he is making intrusive demands. Can we just give him his money back and tell him to get lost? He has no rights, as he is no shareholder, am I correct?
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United States   |   New York  |  Contracts
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Answer

Eric Gottfried Says:

Mar 18,2013 11:27 AM

You should immediately consult with an attorney that can delve, deeper, into the nature of your dealings and relationshp with this "investor" Call, Mark Lefkowicz, of my office.

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Eric Gottfried
Gottfried Law, PLLC
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