Legal Opinion
Rawcliffe v. Anciaux
Utah Supreme Court
Decided October 11, 2017No. Case No. 20150852PublishedCited by 11 opinions
1Opinion of the Court
Justice Durham, opinion of the Court:
INTRODUCTION
¶ 1 James Rawcliffe, a shareholder of USANA Health Sciences, Inc., brought this action against USANA's board of directors and several of its officers for authorizing and receiving spring-loaded, stock-settled stock appreciation rights (SSARs). Mr. Rawcliffe concedes that USANA's Compensation Committee strictly complied with the company's compensation plan in authorizing the SSARs. Based on this and the absence of an allegation that the Compensation Committee intended to circumvent the plan, the district court dismissed all of Mr. Rawcliffe's…
2Cases cited32 opinions
- Stone v. RitterSupreme Court of Delaware · 2006
- In Re Walt Disney Co. Derivative LitigationSupreme Court of Delaware · 2006
- WebBank v. American General Annuity Service Corp.Utah Supreme Court · 2002
- Telxon Corporation v. MeyersonSupreme Court of Delaware · 2002
- America West Bank Members L.C. v. StateUtah Supreme Court · 2014
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3Cited by11 opinions
- In re Gray and RiceUtah Supreme Court · 2021
- Ctr. for Excellence in Higher Educ., Inc. v. Rsui Indem. Co.District Court, D. Utah · 2019
- Fleming v. DullantyCourt of Appeals of Utah · 2025
- Jeppesen v. Bank of UtahCourt of Appeals of Utah · 2018
- Petroff v. HDV Cleveland, L.L.C.Ohio Court of Appeals · 2025
6 more not listed; retrieve them via the Exa API.