California Court of Appeal

In this action, plaintiff-shareholders of Sesame Technologies, Inc. allege that defendants colluded to secure a preferential sale of Sesame's assets and business to company ExtraView, thus violating their fiduciary duties to plaintiffs. Judgement in favor of defendants is reversed and remanded for a new trial limited to the issue of remedies, where: 1) the trial court erred in failing to craft an appropriate remedy; and 2) the trial court erred in failing to conduct its own in camera review of financial documents.

Appellate Information

• Decided 10/06/2014
• Published 10/07/2014

Judges

• Premo

Court

• California Court of Appeal

Counsel