Legal Opinion
Navellier v. Sletten
Court of Appeals for the Ninth Circuit
Decided August 27, 2001No. Nos. 99-17059, 99-17061 and 99-17388PublishedCited by 120 opinions
1Opinion of the Court
RONALD M. GOULD, Circuit Judge:
This appeal follows an Investment Company Act of 1940 (“ICA”) action seeking to impose personal liability on the independent trustees of a mutual fund for the non-renewal of an investment advisory contract. After a fourteen-day trial, the jury determined that the independent trustees acted within their discretion under the business judgment rule in replacing the investment adviser.
Plaintiffs-Appellants are: (1) shareholders and former shareholders of the Navellier Series Fund (“Fund”); (2) the original investment adviser of the Fund, Navellier Management, Inc.…
2Cases cited50 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- General Electric Co. v. JoinerSupreme Court of the United States · 1997
- Insurance Corp. of Ireland v. Compagnie Des Bauxites De GuineeSupreme Court of the United States · 1982
- Auer v. RobbinsSupreme Court of the United States · 1997
- William Leer Robert Larry Emerhiser v. Al Murphy Darrell Gardner Arvin AraveCourt of Appeals for the Ninth Circuit · 1988
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3Cited by120 opinions
- Mladen Zivkovic v. Southern California Edison CompanyCourt of Appeals for the Ninth Circuit · 2002
- Navellier v. SlettenCalifornia Supreme Court · 2002
- Pierce v. County of OrangeCourt of Appeals for the Ninth Circuit · 2008
- Pickern v. Pier 1 Imports (U.S.), Inc.Court of Appeals for the Ninth Circuit · 2006
- Northstar Financial Advisors Inc. v. Schwab InvestmentsCourt of Appeals for the Ninth Circuit · 2015
115 more not listed; retrieve them via the Exa API.