United States Seventh Circuit

In an action involving a shareholder's proxy vote, district court's judgment is affirmed where: 1) plaintiff's claim under Securities Exchange Act sec. 14(a) fails as the evidence is insufficient to show that the proxy solicitations contained misrepresentations or misleading omissions; and 2) the court properly declined to exercise jurisdiction over plaintiff's state law claims as an abstention by a federal court in favor of the state court where a parallel proceeding was pending.

Appellate Information

• Decided 03/20/2009
• Published 03/20/2009

Judges

• POSNER, Circuit Judge., Before POSNER, WOOD, and TINDER, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Eric A. Isaacson, Attorney (argued), Coughlin, Stoia, Geller, Rudman & Robbins LLP, San Diego, CA, for Plaintiff-Appellant.


• For Appellees:
  
• David F. Graham, Attorney (argued), Sidley Austin, Chicago, IL, for Defendants-Appellees.