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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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