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Fiduciary duty refers to the legal requirement someone has to someone else’s financial interests. For example, a board of directors of a corporation has a fiduciary duty to the corporation’s shareholders. A breach of fiduciary duty occurs when those with the legal responsibility to another party fail to uphold their duties. Financial damages are possible in a breach of fiduciary duty lawsuit. To learn more, visit https://www.lawinfo.com/resources/bus.... LawInfo.com has been connecting people seeking legal advice or representation with qualified, experienced lawyers since 1994. Browse our nationwide directory to find a lawyer near you or check out our thousands of free articles and videos to learn more about the basics of the law. No matter your legal need, LawInfo is your source for the help you need. Visit us: https://www.lawinfo.com/ Follow us: / lawinfo