Jara v. Supreme Meats, Inc.
Miguel Jara, Sr., (hereafter Jara, Sr.), a minority shareholder of Suprema Meats, Inc., a California corporation (hereafter Suprema), brought suit against the corporation and its two other shareholders, his son, Miguel Jara, Jr., (hereafter Jara, Jr.) and Gonzalo Rodriguez (hereafter Rodriguez). Jara, Sr.s central allegation was that Jara, Jr., and Rodriguez had breached their fiduciary duty to him by taking excessive compensation from the corporation, thereby reducing its assets and, accordingly, reducing his share of corporate profits. Judgment was entered in favor of the respondents. Jara, Sr., appeals from the judgment. Court affirm.
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