Legal Opinion
Klein v. Landon
District Court, N.D. California
Decided May 29, 2007No. Nos. C 05-4642 JF (PVT), C 06-2971 JF (PVT)PublishedCited by 2 opinions
1Opinion of the Court
ORDER GRANTING MOTIONS TO DISMISS FOR LACK OF STANDING WITHOUT LEAVE TO AMEND
FOGEL, District Judge.
I. BACKGROUND
1. The Consolidated Action
Plaintiff Robert Korhely, an owner of common stock of Mercury Interactive Corporation (“Mercury” or “the company”), filed the original derivative complaint in action number C 05-4642 JF (PVT) (“the Consolidated Action”) on November 14, 2005. The complaint named nominal defendant Mercury and nine former board members and officers of Mercury. It alleged illegal backdating of stock options and asserted claims for (1) breach of the fiduciary duties of loyalty…
2Cases cited11 opinions
- Jenkins v. McKeithenSupreme Court of the United States · 1969
- Webster Salasker Lucas v. Department of Corrections California Men's Colony-WestCourt of Appeals for the Ninth Circuit · 1995
- Gollust v. MendellSupreme Court of the United States · 1991
- Harry Lewis v. Earle A. Chiles, Howard Burnett, Virgil Campbell, Earl M. Chiles, Cyril K. GreenCourt of Appeals for the Ninth Circuit · 1983
- Miller v. SteinbachDistrict Court, S.D. New York · 1967
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3Cited by2 opinions
- In Re Mercury Interactive Corp. Deriv. LitigationDistrict Court, N.D. California · 2007
- Chechele v. Standard General Master Fund L.P.District Court, S.D. New York · 2022