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I am the Vice President of a Auto Dealership. The Owner/ President is conducting illegal business with our employees and customer; what rights do I have. Can I over turn him.

2007-03-20 05:02:44 · 7 answers · asked by TChris L 1 in Business & Finance Small Business

7 answers

You can report him to the appropriate government agency.

As an executive / officer of the company, you have an obligation to the company to report any illegal or questionable business practices. If you ignore it then you may be considered to be taking part in it and be held liable.

Consult an employment lawyer before you take any action so you can protect yourself.

2007-03-20 05:05:19 · answer #1 · answered by Plasmapuppy 7 · 2 0

You can't institute a coup from inside the company unless it is a public company and you have the board of directors on your side.

What you CAN do is to report him to whatever law enforcement agency(ies) would be applicable - Federal for RICO violations, local police for fraud, FBI for interstate trafficking, OSHA for safety violations, etc. If he's hauled off in cuffs, chances are you'd run the show anyway, at least for a while until he's forced to shut down the dealership.

A second option is to confront him with what you know and tell him he needs to stop or you will be contacting the authorities. You should NOT take this approach if you feel that there is personal danger involved. Some criminal dealings can get pretty nasty, and this is not CSI - let the pros handle it.

2007-03-20 05:08:39 · answer #2 · answered by Mel 6 · 1 0

Unless you have something in your contract that specifically states that you have a stake in the company and can, in fact, overrule the owner, then the answer would be no.
You have about as much authority as the janitor in that respect.
If you are uncomfortable with the business practices, talk to a lawyer to protect yourself and get yourself out of that situation as quickly as you can.

2007-03-20 05:08:04 · answer #3 · answered by Quinton1969 3 · 0 0

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2016-12-02 07:09:30 · answer #4 · answered by ? 4 · 0 0

You don't have any rights unless you are also a shareholder. You may have some liability depending on your responsibilities. For example, if you sign checks or contracts. Best thing is to see an attorney.

2007-03-20 05:06:51 · answer #5 · answered by WJVV 4 · 0 0

He owns it so he gets to make the decisions. I would highly recommend to you leaving though. Once he is caught you WILL go down with him. It will affect your work record for the REST of your life. Leave now and do what you can to have the situation stopped.

2007-03-20 05:06:15 · answer #6 · answered by Betsy 7 · 0 0

No, but you can certainly leave and if it's truly illegal then that's what you should do.

Is it illegal or is it just messy/sketchy?

2007-03-20 05:05:34 · answer #7 · answered by Box815 3 · 0 0

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