Ninth Circuit Vacates Dismissal and Remands Shareholder Derivative...

In Dennis v. Hart , 2013 U.S. App. LEXIS 15648 , the United States Court of Appeals for the Ninth Circuit held that plaintiffs' "say-on-pay" shareholder derivative suits alleging breach of fiduciary duty were improperly removed to federal court, vacated the district court's decisions and dismissed the parties' cross-appeals for lack of ... (more)

http://www.jdsupra.com/legalnews/ninth-circuit-vacates-dismissal-and-rema-97571/