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As a shareholder, you are an owner. If you mean that you want the controlling shareholders to purchase your shares, you can certainly do so. However, they have no legal obligation to purchase those shares back, and they can offer you pennies on the dollar for your investment, unless there are specific repurchase terms and conditions associated with your shares -- which is sometimes the case with private corporations that have illiquid shares.
That's pretty much the limits of your recourse, unless you believe the corporation promoters defrauded you into purchasing the shares -- in which case you could sue for fraud.
Hope this helps.
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The stock I currently hold was issued by the corporation because I was the holder of a debenture bond which they converted into X shares of common stock in lieu of repayment, just weeks before the debenture was due. Assuming, for argument's sake, the debenture agreement was silent on the issue of conversion. Would this violate SEC regulations, or other securities laws?
The CEO of the corporation was recently indicted and pled guilty to an assortment of securities violations, which makes the common stock even less attractive at this point.