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Company founder battles post-sale claims brought by minority owner

An individual founded and operated a highly successful private medical diagnostic equipment manufacturing business. As part of his long term strategy, the company was marketed and acquired by a venture capital firm at an advantageous price. Following the sale, a disgruntled minority owner, who also is a family member of the founder, brought claims of accounting misrepresentations, and the individual demanded an equal distribution of sale proceeds.

Waller represented the founder through the successful transition of ownership and is defending him in the ongoing dispute with the post-transaction claims. The claims are unfounded and have caused a large and serious rift in the family through no fault of the founder, who is responsible for other family members receiving millions of dollars in return on minimal investments.

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Bob Boston
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Todd Hambidge
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