Legal Opinion

In Re Finisar Corp. Derivative Litigation

District Court, N.D. California

Decided January 11, 2008No. C-06-07660 RMWPublishedCited by 7 opinions

1Opinion of the Court

ORDER GRANTING DEFENDANTS’ MOTIONS TO DISMISS

RONALD M. WHYTE, District Judge.

Plaintiffs City of Worchester Retirement System, Lynn Short, James Rocco, and Robert Lynch (“plaintiffs”) bring the present action as a derivative suit on behalf of Finisar Corporation (“Finisar”) against certain current and former directors and officers of Finisar. Nominal defendant Fi-nisar moves to dismiss the first amended complaint (“FAC”) for failure to make demand against the company or to plead with particularity that demand should be excused. Individual defendants David Buse, Michael Child, John Drury, Mark…

2Cases cited19 opinions

  1. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  2. Jena Balistreri v. Pacifica Police Department Al Olsen, Police Chief, Individually and as a Police AgentCourt of Appeals for the Ninth Circuit · 1990
  3. Aronson v. LewisSupreme Court of Delaware · 1984
  4. In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
  5. Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993

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3Cited by7 opinions

  1. Teamsters Local 617 Pension & Welfare Funds v. Apollo Group, Inc.District Court, D. Arizona · 2012
  2. HOLOMAXX TECHNOLOGIES v. Microsoft Corp.District Court, N.D. California · 2011
  3. In Re Atlas Mining Co., Securities LitigationDistrict Court, D. Idaho · 2009
  4. In re Iso Ray, Inc. Securities LitigationDistrict Court, E.D. Washington · 2016
  5. In re FalconStor Software, Inc.New York Supreme Court · 2013

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