Legal Opinion

Wietschner Ex Rel. JPMorgan Chase & Co. v. Dimon

Appellate Division of the Supreme Court of the State of New York

Decided May 10, 2016No. 650079/14 1097 1096PublishedCited by 11 opinions

1Opinion of the Court

Orders, Supreme Court, New York County (Marcy S. Friedman, J.), entered August 18, 2015, which granted defendants’ motion to dismiss the amended complaint, and denied plaintiff’s motion for leave to amend, unanimously affirmed, without costs.

The motion court dismissed one cause of action on the ground of res judicata and the other on the ground of collateral estoppel, based on federal rulings that plaintiffs in other shareholder derivative actions had failed to allege particularized facts to support their claims of demand futility (see Steinberg v Dimon, 2014 WL 3512848, 2014 US Dist LEXIS…

2Cases cited9 opinions

  1. In Re the Estate of HunterNew York Court of Appeals · 2005
  2. Landau, P.C. v. LaRossa, Mitchell & RossNew York Court of Appeals · 2008
  3. Xiao Yang Chen v. FischerNew York Court of Appeals · 2005
  4. Henik Ex Rel. LaBranche & Co., Inc. v. LaBrancheDistrict Court, S.D. New York · 2006
  5. Simon v. BechererAppellate Division of the Supreme Court of the State of New York · 2004

4 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. In re JPMorgan Chase Derivative LitigationDistrict Court, E.D. California · 2017
  2. Eshaghian v. EshaghianAppellate Division of the Supreme Court of the State of New York · 2017
  3. Hibbard v. American Fin. Trust, Inc.Appellate Division of the Supreme Court of the State of New York · 2023
  4. Hibbard v. American Fin. Trust, Inc.Appellate Division of the Supreme Court of the State of New York · 2023
  5. Wiltz v. New York Univ.Appellate Division of the Supreme Court of the State of New York · 2023

6 more not listed; retrieve them via the Exa API.

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