Thank you for your reply and apologies for the wait.
First of all, understand that here, this all depends on what was in your contract. Did they promise something that they did not do? Do you believe that they swindled you out of money in some way? As a shareholder, you typically do not have much power from telling the company what to do except in your vote.
Let us assume that they lied/misinformed you in some way. If so, then you may
have a case against the company for fraud
. The tort
of fraud has five elements: a false representation
by a defendant, knowledge of this falsity, intention to induce you to act a certain way, justifiable reliance by you on the falsity, and damage to you stemming from the falsity. Hardy v. Gordon, 146 Ga. App. 656 (247 SE2d 166) (1978).
Aside from a monetary judgment for your loss, punitive damages
may be available under Ga. Code Ann. § 51-12-5.1
You may wish to file a suit against them, after speaking with an attorney. However, the onus is on you to file the matter yourself, I am afraid, or together with other shareholders who were taken.
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