Freeborn & Peters LLP Reaches Successful Settlement in Shareholders' Rights Case

William Howard, Dan Voelker and Garry Wills achieved an excellent result for their clients who were minority interest shareholders in a closely held business. After the suit was filed under Section 12.56 of the Illinois Business Corporation Act (the "shareholder oppression statute"), our lawyers were hired for their expertise in shareholder rights cases. After our Firm was retained, we were successful in settling the Plaintiffs' oppression claim for $3,250,000.00, which was 100% of what our clients' experts said was the value of our clients' shares in the business.