California Court of Appeal

Judgment dismissing plaintiff's shareholder derivative action against officers and directors of Yahoo! Inc., is affirmed, where plaintiff failed to plead particularized facts manifesting a reasonable doubt that the board could not have exercised its independent and disinterested judgment in responding to his demand, had he made one at the time he brought the action.

Appellate Information

• Decided 10/23/2013
• Published 10/23/2013

Judges

• ELIA

Court

• California Court of Appeal

Counsel