Legal Opinion
Grosset v. Wenaas
California Supreme Court
Decided February 14, 2008No. S139285PublishedCited by 87 opinions
1Opinion of the Court
Opinion
BAXTER, J.
Richard Grosset originally filed this shareholder’s derivative action on behalf of JNI Corporation (JNI) against certain of its directors and officers. The complaint sought redress solely for injuries sustained by JNI as a result of defendants’ alleged wrongdoing. No recovery was sought for any direct or individual harm to JNI stockholders.
After Grosset lost standing to litigate this matter, the trial court permitted Sik-Lin Huang, another JNI shareholder, to intervene and prosecute the action. Thereafter, around the time the trial court granted a motion to dismiss the…
2Cases cited38 opinions
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- Wash. Mut. Bank v. Superior Court of Orange Cty.California Supreme Court · 2001
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
- Gollust v. MendellSupreme Court of the United States · 1991
33 more not listed; retrieve them via the Exa API.
3Cited by87 opinions
- Yvanova v. New Century Mortgage Corp.California Supreme Court · 2016
- Weatherford v. City of San RafaelCalifornia Supreme Court · 2017
- Favila v. Katten Muchin Rosenman LLPCalifornia Court of Appeal · 2010
- Davidson v. Seterus, Inc., California Court of Appeal, 5th District2018
- In Re Countrywide Financial Corp. Derivative LitigationDistrict Court, C.D. California · 2008
82 more not listed; retrieve them via the Exa API.