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词汇 breach-of-fiduciary-duty
释义 breach of fiduciary duty
noun[ C or U ]
ukuspluralbreaches of fiduciary duty
LAW
a failure to responsibly manage money that someone else has trusted you to keep safe:
They were named in a $100 million civil action for breach of fiduciary duty following the bank's failure.
The retirement act gives workers the right to sue employers for breaches of fiduciary duty.

Examples of breach of fiduciary duty


breach of fiduciary duty
That misses the point, which is that unreasonable compensation can be evidence of a breachoffiduciaryduty.
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The complaint alleges misappropriation of trade secrets and breachoffiduciaryduty.
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Claims of fraudulent inducement, breachoffiduciaryduty and negligence were also asserted.
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This is compensable with money damages for breachoffiduciaryduty.
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When they passed the resolution, the two directors were in breachoffiduciaryduty.
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In such cases individual shareholders may bring a direct action, as distinct from a derivative action, against the directors for breachoffiduciaryduty. 32.
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It should not be confused with equitable compensation for breachoffiduciaryduty, which may be awarded in lieu of rescission or specific restitution.
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This was a breachoffiduciaryduty and breach of the prohibition on financial assistance.
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The most common such breach is a breachoffiduciaryduty.
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It goes to the very heart of the concept of breachoffiduciaryduty and the availability of equitable remedies.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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