Schuster v. Gardner
California Court of Appeal
1Opinion of the Court
Opinion
McCONNELL, P. J.
This action for breach of fiduciary duty is one of numerous shareholder actions arising from alleged management improprieties of officers and directors of Peregrine System, Inc. (Peregrine), and the attendant decline in its stock value. Plaintiff George Schuster appeals a judgment of dismissal entered after the court sustained without leave to amend the demurrers of defendants Stephen P. Gardner, Christopher A. Cole, Rod Dammeyer, John J. Moores, Charles E. Noell, HI, William D. Savoy and Thomas G. Watrous, on the ground this is a derivative action Schuster lacks…
2Cases cited18 opinions
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
- Aubry v. Tri-City Hospital DistrictCalifornia Supreme Court · 1992
- Malone v. BrincatSupreme Court of Delaware · 1998
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- Kramer v. Western Pacific Industries, Inc.Supreme Court of Delaware · 1988
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- Pan Pacific Retail Properties, Inc. v. Gulf Ins. Co.Court of Appeals for the Ninth Circuit · 2006
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