Wheaton, IL asked in Employment Law and Business Law for Illinois

Q: Should a 10% shareholder of an established LLC have access to an independent contractors personal information?

I work as an independent contractor (trivia host) for a small sole proprietorship trivia company that is changing to an established LLC, and changing ownership as well. The owner made a person a 10% shareholder of the company, and this person has nothing to do with me. His sole responsibilities include writing questions and hosting games. However, the owner has shared my personal info with this person, including pay spreadsheets and old 1099's with my SSN on them. My fear is this person has a vendetta against me and I'm afraid they'll use my personal info against me. Is there any action I can take here? Shouldn't my info be accessible on a need to know basis for whomever is executing those tasks?

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1 Lawyer Answer
T. J. Jesky
T. J. Jesky
Answered
  • Chicago, IL
  • Licensed in Illinois

A: This is a good question. If the 10% shareholder is involved in the day-to-day business operations of the LLC, I can see where they might have access to this information.

If the shareholder is a passive investor, the managing member of the LLC may have passed the line in sharing this information with the 10% shareholder.

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