Fiduciary Duty: Legal Definition

Attorney John Marshall

The term fiduciary responsibility refers to the responsibility that an individual will have when there’s a special relationship between two people, whether it’s a stock broker and his client, an attorney and his client, an accountant and his client, a public official and a municipality or government subdivision. They have a duty, an obligation to those who they represent. In a white collar crime case it’s alleged that they violated that fiduciary duty.

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Fiduciary Duty: Legal Definition

Attorney John Marshall

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