United States Ninth Circuit
Quinn v. Anvil Corp., 09-35101
In a derivative action seeking damages from Anvil Corporation, its board of directors, and others for breach of fiduciary duty, breach of contract, and negligence, dismissal of the action for lack of standing is affirmed where, lacking shares, plaintiff lost standing to assert claims derivatively on behalf of the corporation under Federal Rule of Civil Procedure 23.1's continuous ownership requirement.
Appellate Information
- Decided 08/24/2010
- Published 08/24/2010
Judges
- Ronald M. Gould
Court
- United States Ninth Circuit
Counsel
- For Appellant:
- Mark Ferrario, Scott A. Smith