Legal Opinion
Hellum v. Breyer
California Court of Appeal
Decided April 29, 2011No. A127660PublishedCited by 9 opinions
1Opinion of the Court
*1304Opinion
RUVOLO, P. J.—
I
INTRODUCTION
In the aftermath of their failed investment in Prosper Marketplace, Inc. (Prosper), an online money lending service, Christian Hellum and David Booth (plaintiffs) filed the instant class action lawsuit against Prosper and its corporate officers based on alleged violations of California and federal securities laws. Three of the narned defendants who served as Prosper’s outside directors, James W. Breyer, Larry W. Cheng, and Robert C. Kagle (collectively, the outside directors),1 filed a demurrer arguing that plaintiffs had failed to plead sufficient facts to…
2Cases cited39 opinions
- Aubry v. Tri-City Hospital DistrictCalifornia Supreme Court · 1992
- People v. WoodheadCalifornia Supreme Court · 1987
- Kay Hollinger Richard Llewelyn Jones Edward E. Nissen Judy D'Arcy K-Judy, Ltd. v. Titan Capital Corp. Emil Wilkowski Painter Financial Group, Ltd.Court of Appeals for the Ninth Circuit · 1990
- Murphy v. Kenneth Cole Productions, Inc.California Supreme Court · 2007
- McCall v. PacifiCare of California, Inc.California Supreme Court · 2001
34 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Federal Home Loan Bank v. Countrywide Financial Corp.California Court of Appeal · 2013
- Moss v. KronerCalifornia Court of Appeal · 2011
- In Re Washington Mutual, Inc.United States Bankruptcy Court, D. Delaware · 2011
- Busse v. United Panam Financial Corp.California Court of Appeal · 2014
- Ferry v. DF Growth REIT, LLCDistrict Court, S.D. California · 2024
4 more not listed; retrieve them via the Exa API.