Legal Opinion
Towers v. Iger
Court of Appeals for the Ninth Circuit
Decided December 26, 2018No. 17-15770PublishedCited by 15 opinions
1Opinion of the Court
M. SMITH, Circuit Judge:
*525Plaintiff-Appellant Eugene F. Towers (Plaintiff) brought a shareholder derivative action on behalf of The Walt Disney Company (Disney), alleging that its board of directors and several corporate officers participated in a conspiracy to enact illegal anticompetitive agreements between Disney and other animation studios. The district court dismissed the suit, concluding that the action could not be maintained because Plaintiff failed to satisfy Federal Rule of Civil Procedure 23.1 's demand requirement. We affirm.
FACTUAL AND PROCEDURAL BACKGROUND
I. Factual Background
Plain…
2Cases cited14 opinions
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
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3Cited by15 opinions
- Shyriaa Henderson v. United Student Aid Funds, Inc.Court of Appeals for the Ninth Circuit · 2019
- Amezquita v. HoughDistrict Court, S.D. California · 2021
- City of Pontiac Police and Fire Retirement System v. CaldwellDistrict Court, N.D. California · 2021
- Gera v. PalihapitiyaDistrict Court, D. Arizona · 2024
- Henry v. TylerDistrict Court, N.D. California · 2020
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