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People ex rel. DuFauchard v. O'Neal
Securities law violator is subject to administrative sanctions, including restitution to victims, even though violator and victims were not in contractual privity.
Corporations Dec. 10, 2009
Bader v. Anderson
Shareholder bringing derivative suit is not exempt from making demand on board first even if suit asserted misrepresentation or omission by board.
Corporations Nov. 24, 2009
Go v. Pacific Health Services Inc.
Party opposing action for involuntary corporate dissolution may elect to buy out moving party or proceed with litigation, but not both.
Corporations Nov. 22, 2009
Cohen v. U.S. District Court (Miller)
District court does not have authority to select lead counsel under Private Securities Litigation Reform Act of 1995.
Corporations Nov. 5, 2009
Berg & Berg Enterprises LLC v. Boyle
Creditor’s challenge against conduct that did not constitute undue risking of assets fails to state claim for breach of director's fiduciary duty.
Corporations Nov. 1, 2009
Proctor v. Vishay Intertechnology Inc.
Derivative claim and class action claim for quasi-appraisal may proceed where Securities Litigation Uniform Standards Act barred class action by minority shareholders.
Corporations Oct. 12, 2009
Classis of Central California v. Miraloma Community Church
Church leadership superseded by greater hierarchical authority may not amend church articles of incorporation.
Corporations Sep. 17, 2009
The Capital Gold Group Inc. v. Nortier
Foreign corporation may maintain action in California where corporation converted to another corporation while action was pending.
Corporations Aug. 21, 2009
Dreiling v. America Online Inc.
America Online, Inc. is not beneficial owner of stock for purposes of insider trading liability where corporation agreed to promote website.
Corporations Aug. 20, 2009
Madden v. Cowen & Co.
Class action suit involving securities is remanded to determine whether communication was made on behalf of company to its shareholders.
Corporations Aug. 10, 2009
In re FairWageLaw
Dissolution judgment imposing litigation expenses against non-party shareholder violates due process where he was not afforded opportunity to be heard.
Corporations Aug. 6, 2009
Commodity Futures Trading Commission v. White Pine Trust Corp.
Commodities Future Trading Commission may not bring claim for fraudulent solicitation of foreign currency options where company offered discretionary account management.
Corporations Aug. 4, 2009
Azure Ltd. v. I-Flow Corp.
Corporation is not entitled to immunity after stock escheated to state where stock owner did not receive notice.
Corporations Jul. 17, 2009
Doe v. Abbott Laboratories
Absent below-cost pricing, monopoly leveraging claim pursuant to Sherman Act fails.
Corporations Jul. 8, 2009
Haah v. Kim
Receipt of shares not yet issued has standing to challenge election of directors.
Corporations Jun. 24, 2009
Hyde v. Midland Credit Management Inc.
Award of attorney's fees against plaintiff's attorneys reversed for lack of specific authorization by Fair Debt Collection Practices Act.
Corporations Jun. 10, 2009
Qwest Corp. v. Arizona Corp. Commission
Conflict preemption precludes state commissions from implementing terms and rates in interconnection agreements.
Corporations Jun. 9, 2009
Roth v. Reyes
Two-year limitations period in action to recover 'short swing' profits is not tolled despite argument that defendants’ inaccurate disclosures were exempt.
Corporations Jun. 8, 2009
Vaughn v. LJ International Inc.
Shareholder derivative suit filed in California against foreign company subject to state of incorporation law.
Corporations May 27, 2009
Davis v. Nadrich
Summary judgment proper where no evidence that partnership agreement precluded attorney from accepting individual referrals was shown for contractual interference claim.
Corporations May 25, 2009
Iglesia Evangelica Latina Inc. v. Southern Pacific Latin American District of the Assemblies of God
Hierarchical church organization does not permit board member reelection and property distribution contrary to applicable bylaws and statutes.
Corporations Apr. 27, 2009
Bains v. Moores
Group published information doctrine does not apply in determining whether party has presented sufficient evidence to avoid summary judgment.
Corporations Mar. 23, 2009
Kam-Ko Bio-Pharm Trading Co., Ltd-Australasia v. Mayne Pharma (USA) Inc.
High arbitration cost imposed by commercial contract term is not substantively unconscionable where party proposed provision.
Corporations Mar. 12, 2009
Madden v. Cowen & Co.
SLUSA's Delaware carve-out is satisfied in case where shareholders bring state-law action against investment bank.
Corporations Feb. 12, 2009
Zucco Partner v. Digimarc Corporation
Confidential witness testimony is not enough to demonstrate scienter required under Private Securities Litigation Reform Act.
Corporations Feb. 11, 2009
Cotton v. Expo Power Systems Inc.
Assessment of fair value under Corporations Code Section 2000 requires valuation of any pending shareholder derivative claims.
Corporations Feb. 10, 2009
Tin Tin Corp. v. Pacific Rim Park LLC
Landlord unfairly charges tenants costs of LLC taxes as 'common area operating expenses' where they are unrelated to operation of premises.
Corporations Feb. 4, 2009
West Hills Farms Inc. v. RCO Ag Credit Inc.
Corporations Code Section 800 does not provide for recovery of attorney fees independent of bond to secure anticipated litigation expenses.
Corporations Jan. 26, 2009
Zucco Partners v. Digimarc Corp.
Confidential witness testimony is not enough to demonstrate scienter required under Private Securities Litigation Reform Act.
Corporations Jan. 13, 2009
People v. U.S. Financial Management Inc.
Department of Corporations retains jurisdiction to investigate violations of Prorater Law by non-California resident customers of California company.
Corporations Jan. 12, 2009