Diaz v. Davis
Court of Appeals for the Ninth Circuit
1Opinion of the Court
BYBEE, Circuit Judge:
George Diaz, sometime shareholder of Digimarc Corporation, filed this action derivatively on the corporation’s behalf. Diaz alleges that the individual defendants, who are current and former officers and directors of Digimarc, breached their fiduciary duties to the corporation and its shareholders by issuing misleading financial statements and misrepresenting the business and prospects of Digimarc in violation of California corporations law and section 304 of the Sarbanes-Oxley Act, 15 U.S.C. § 7243. The district court dismissed his Sarbanes-Oxley claim on the grounds…
2Cases cited51 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Alexander v. SandovalSupreme Court of the United States · 2001
- Merrell Dow Pharmaceuticals Inc. v. Thompson Ex Rel. ThompsonSupreme Court of the United States · 1986
- Safe Air for Everyone v. MeyerCourt of Appeals for the Ninth Circuit · 2004
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