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Breashear’s complaint states that:

- As a shareholder Engler, Marks, et al. have breached their fiduciary duty to her, as well as violating specific clauses of their buy-sell agreement.

What’s a fiduciary duty, other than something really fun to say? From Wikipedia: “A fiduciary is expected to be extremely loyal to the person to whom they owe the duty (the “principal”): they must not put their personal interests before the duty, and must not profit from their position as a fiduciary, unless the principal consents.”

-  Brashear then mitigates her damages in that she states she requested access to their financial records, and they denied her access—access which is her right as a shareholder.

- Moreover, Brashear alleges that Ellora’s Cave et al. owe her money as a shareholder, money on which she must pay taxes, but which she never received from Ellora’s Cave (item 13, page 5).

-  On Page 4, item number 9, the complaint states that Engler and Marks have been “diverting EC’s assets…to some of all of the Related Companies… accounting manipulation to reduce shareholder distributions to which Brashear would properly have been entitled, and by terminating Brashear’s employment.”

I am curious whether the case will go to federal court, since damages could be greater than $75,000 and since the parties in the suit are from different states. Additionally, what does this mean for authors looking to publish with, or authors currently published with Ellora’s Cave?

Either way, this should be rather interesting.