Memphis, TN asked in Employment Law, Business Formation, Business Law and Intellectual Property for Tennessee

Q: Deformation, lost wages, emotional distress. Investor for start up. Wanted 40% after 3mo in. Can I sue!

Contracts with local clients- established. Investor wanted to deposit “monies” from unknown sources into business account. I am a Lease holder and investor has put myself and the employees out. Investor has made slanderous comments to members of the business community. I have lost all wages, time, and established business connections. Investor, using LLC name of my business in another state that I dissolved to establish in TN. Investor has now added new members and removed me as a member of the business.

1 Lawyer Answer

A: Based on the facts provided you may have a claim for tortious interference with business relationship.

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