[dokein]

The majority shareholders do have a fiduciary duty to all shareholders, thus if they grant themselves unreasonable compensation you would have basis to sue them.

"Control shareholders have a fiduciary duty to the minority shareholders to act with 'good faith and inherent fairness.' As such, majority owners have a fiduciary responsibility not to use their influence to engage in self-dealing, including actions that are unfairly prejudicial to the minority shareholders."

See: https://ffslaw.com/articles/have-the-controlling-shareholder....

If everyone gets diluted for new funding that's one thing and you have no protection against that. But if the 51% just vote to fuck over the 49% that's very different.