Fox v. JAMDAT Mobile, Inc.
Fox v. JAMDAT Mobile, Inc., B212672
In a stockholder’s suit against a company and individual directors, claiming that both the acquisition process, and the common stock arising from the acquisition were unfair, the judgment of the trial court is affirmed in part, reversed in part and remanded where: 1) the doctrine of shareholder ratification does not bar the intervenor’s claims; 2) the intervenor’s complaint, which consists of a single cause of action states facts sufficient for a cause of action for breach of fiduciary duties as to the individual directors; and 3) trial court’s judgment sustaining the demurrer as to the company is affirmed.
- Decided 06/21/2010
- Published 06/21/2010
- California Court of Appeal
- For Appellant:
- Coughlin Stoia Geller Rudman & Robbins, Randall J. Baron, Kevin K. Green and David T. Wissbroecker, for Plaintiff and Intervenor-Appellant.
- For Appellees:
- Fenwick & West, Kevin P. Muck, Felix S. Lee and Christine A. Vogelei, for Defendants and Respondents.