Pikk v. Pedersen
Court of Appeals for the Tenth Circuit
1Opinion of the Court
HARTZ, Circuit Judge.
Plaintiffs, shareholders of ZAGG Inc., a publicly held Nevada corporation, filed a shareholder-derivative action seeking damages, restitution, and other relief for ZAGG. They alleged that past and present officers and directors of ZAGG violated § 14(a) of the Securities Exchange Act of 1934, breached their fiduciary duties to ZAGG, wasted corporate assets, and were unjustly enriched. The district court dismissed the suit on two alternative grounds: (1) Plaintiffs filed suit before presenting the ZAGG Board of Directors (the Board) with a demand to bring suit and they…
2Cases cited36 opinions
- Adler v. Wal-Mart Stores, Inc.Court of Appeals for the Tenth Circuit · 1998
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Palmer v. HoffmanSupreme Court of the United States · 1943
- Aronson v. LewisSupreme Court of Delaware · 1984
- Liparota v. United StatesSupreme Court of the United States · 1985
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- Bowman v. FriedmanDistrict Court, D. New Mexico · 2022
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