Portsmouth Square, Inc. v. Shareholders Protective Committee Palmer York, Jr. George E. Croke Eugene J. Marty Rose Leah Jones Kenneth R. Scott
Court of Appeals for the Ninth Circuit
1Opinion of the Court
CANBY, Circuit Judge:
Portsmouth Square, Inc. appeals from an adverse judgment on its claim against the Shareholders Protective Committee — a group of Portsmouth Square minority shareholders — and the individual members of the Committee. Portsmouth Square seeks injunctive and declaratory relief under section 13(d) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78m(d). After several years of litigation, the district court dismissed Portsmouth Square’s suit sua sponte at the final pretrial conference. Portsmouth Square now challenges both the procedure by which the court entered…
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