California Court of Appeal

Individual shareholders in a nonderivative suit may not recover, as damages, the corporation's future profits allegedly lost as a result of tortious conduct directed to the shareholders individually and occurring before the corporation was formed.

Appellate Information

• Decided 04/05/2005
• Published 04/06/2005

Judges

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• Hornberger & Brewer, Nicholas W. Hornberger and James F. Lindsay, Los Angeles, for Plaintiffs and Appellants.


• For Appellees:
  
• Mazda Butler, Mark N. Mazda and Mark J. Butler, Irvine, for Defendants and Appellants.