Legal Question in Business Law in Florida
Employment Termination
I am a one third stock holder, one of the two Management/Member of the LLC (MGRM), General Manager of the business known as On Call Medical LLC (as stated on the policy/procedure manuel) and have signed all contracts during the two years of the business. The second Managing Partner (MGRM) who has one third of the shares of stock, invested the cash, and is not an employee but holds the title of Marketing Manager and the third one third stock holder who is an employee of the business fired me, changed the lock on the doors, changed bank accounts, changed the LLC by removing me as the MGRM. What can I do to turn this around and could a business partner who is not an employee and an employee of mine Terminate me and steal the business that I (pretty much single handedly) built from 0 to $600,000 per year and growing rapidly?
1 Answer from Attorneys
Re: Employment Termination
This depends upon the documents forming the LLC and the shareholder agreements that may be in place.
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