Securities
Breach of Fiduciary Duty
Contribution and Indemnification
In Re: Diamond Foods Inc. Derivative Litigation
Published: Jun. 16, 2012 | Result Date: May 29, 2012 | Filing Date: Jan. 1, 1900 |Case number: 3:11-cv-05692-WHA Bench Decision – Dismissal
Court
USDC Northern
Attorneys
Plaintiff
Francis A. Bottini Jr.
(Bottini & Bottini Inc.)
Defendant
Paul J. Collins
(Gibson, Dunn & Crutcher LLP)
Michael J. Shepard
(Hogan Lovells US LLP)
Maren J. Clouse
(Office of the San Jose City Attorney)
Norman J. Blears
(Sidley Austin LLP)
Facts
A securities derivative action was filed against Diamond Foods Inc. for allegedly misrepresenting its financial condition and prospective financial results in proxy statements and filings with the SEC.
Result
The matter was dismissed for lack of subject matter jurisdiction.
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