Legal Opinion

Pareto v. Federal Deposit Insurance

Court of Appeals for the Ninth Circuit

Decided March 18, 1998No. 97-16023PublishedCited by 1 opinion

1Opinion of the Court

OPINION

FERNANDEZ, Circuit Judge:

Stanley Pareto, and others in a group of former stockholders of Barbary Coast National Bank (hereafter collectively referred to as “Pareto”) appeal the dismissal of a suit against certain of the bank’s former directors and the Federal Deposit Insurance Corporation, the receiver for the bank. The district court dismissed the action on the basis that Pareto lacked standing. He appealed and we affirm.

BACKGROUND

Pareto brought this action in state court against certain of Barbary Coast’s former directors, alleging violations of the duties of care and loyalty under…

2Cases cited25 opinions

Dole v. United SteelworkersSupreme Court of the United States · 1990
UNITED STATES of America, Plaintiff-Appellee, v. Leaburn ALEXANDER, Jr., Defendant-AppellantCourt of Appeals for the Ninth Circuit · 1997
Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
Fed. Sec. L. Rep. P 99,310, 96 Cal. Daily Op. Serv. 6865, 96 Daily Journal D.A.R. 11,226 in Re Syntex Corp. Securities Litigation. Arthur M. Rosenbaum Richard Gorosh, on Behalf of Themselves and All Others Similarly Situated Kenneth Wynne Judy Wynne Robert Younger Jerrald Schaffer Joseph Cocola Rita Cocola Robert K. Greenfield Amy Tresti Alan R. Tresti Steven J. Gutter Carol Morris Nicholas J. Donohue G. King Perry Henry Cole Bori Berkow and Eric Rose v. Syntex Corporation Paul E. Freiman James N. Wilson John Fried Marvyn Carton Allen & Company Incorporated and Thomas GutshallCourt of Appeals for the Ninth Circuit · 1996
Louis P. Camjudgesli v. Robert L. Bockrath, and Daniel BogganCourt of Appeals for the Ninth Circuit · 1996

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3Cited by1 opinion

98 Cal. Daily Op. Serv. 1912, 98 Daily Journal D.A.R. 2691 Stanley Pareto Elbert Bressie Benjamin P. Liu Vilja Annamaria Fritzl John McCullough Edith Fritzl Heidi W. Moore Gottfried Noel Fritzl Wanda Hagan Theodore Hiatt Shih Chi Chow Shirley C. Chow Marilou Atencio Anton Atencio Gregory D. Shields Eleanor M. Shields Estelle Eichenberger Jack Lutzow Moses Noble, Jr. Ernst Meyer Phillip Yee Theodore J. Saenger Gayle I. Saenger Jack Block Tae Ryong Kim Chin Soon Kim Frank J. Schlessinger Raymond Vernazza Marion Gizzi Chester R. Williams Angelo Ferro Linda S. Williams Roger R. Franklin John P. Hurabieli Laverne Pareto John Pareto Muriel P. Burd Chae Woo Lee Hai Ja Lew Antonio Panebianco Cho Young Kugis Gebhardt Kugis Phyllis G. Zerwick John Hartung Arthur Holsten Eleanor Holsten Paul E. Kadden Shirley J. Kadden Thomas Kavanagh Cunningham Arizona, a Partnership v. Federal Deposit Insurance Corporation, as Receiver of Barbary Coast National Bank, Robert Wheeler Dickerson Kearny Paul Oliver Robert ImhoffCourt of Appeals for the Ninth Circuit · 1998