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Crimi v. Barnholt

United States District Court, N.D. California
Sep 5, 2008
No. C 08-02249 CRB (N.D. Cal. Sep. 5, 2008)

Summary

In Crimi, Plaintiffs sued current and former members of a company, KLA, "alleging that [KLA had] failed to inform Plaintiffs that KLA had issued backdated stock options to senior executives between 1997 and 2002, and therefore breached their fiduciary duty to Plaintiffs."

Summary of this case from Northstar Financial Advisors, Inc. v. Schwab Investments

Opinion

No. C 08-02249 CRB.

September 5, 2008


ORDER


Now pending before the Court is plaintiff's motion to remand for lack of subject matter jurisdiction. The Second Amended Complaint, filed July 11, 2008, states that the claims in Counts I and II are brought under both Delaware and California law; however, the motion to remand assumes that these claims are brought solely under Delaware law. Plaintiff is ordered to provide a submission to the Court by Tuesday, September 9, 2008 stating whether he intends to make any claims under California law.

IT IS SO ORDERED.


Summaries of

Crimi v. Barnholt

United States District Court, N.D. California
Sep 5, 2008
No. C 08-02249 CRB (N.D. Cal. Sep. 5, 2008)

In Crimi, Plaintiffs sued current and former members of a company, KLA, "alleging that [KLA had] failed to inform Plaintiffs that KLA had issued backdated stock options to senior executives between 1997 and 2002, and therefore breached their fiduciary duty to Plaintiffs."

Summary of this case from Northstar Financial Advisors, Inc. v. Schwab Investments

noting that "a claim that Defendants omitted material information which caused Plaintiffs to hold . . . stock is the quintessential securities fraud action preempted by SLUSA."

Summary of this case from Atkinson v. Morgan Asset Management, Inc.
Case details for

Crimi v. Barnholt

Case Details

Full title:CHRIS CRIMI, Plaintiff, v. EDWARD W. BARNHOLT, et al., Defendants

Court:United States District Court, N.D. California

Date published: Sep 5, 2008

Citations

No. C 08-02249 CRB (N.D. Cal. Sep. 5, 2008)

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