California Court of Appeal
Jones v. Martinez, B249146
In this shareholder derivative action filed by plaintiff Jones on behalf of Deckers Outdoor Corporation to recover damages he contends it suffered as a result of misconduct by Deckers' officers and directors, the trial court's dismissal is affirmed, where, under both Delaware and California Law, Jones was not entitled to propound discovery request to Deckers' officers and board members to help him fashion a sufficient complaint, as the purpose of discovery in a shareholder derivative action is to find out additional facts about a well-pleaded claim, not to find out whether such a claim exists.
Appellate Information
- Decided 10/27/2014
- Published 10/27/2014
Judges
- Burke
Court
- California Court of Appeal