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Baliga ex rel. Link Motion Inc. v. Link Motion Inc.

District Court, S.D. Illinois

Decided June 11, 2019No. 18 Civ. 11642 (VM)PublishedCited by 16 opinions

1Opinion of the Court

VICTOR MARRERO, United States District Judge.

Wayne Baliga ("Baliga") brings this case as a shareholder derivative action on behalf of, and against, Link Motion Inc. (f/k/a NQ Mobile Inc.) ("Link Motion" or the "Company"). Baliga alleges that defendants Vincent Shi ("Shi"), Jia Lian, and Xiao Yu (collectively, the "Individual Defendants" and, together with Link Motion, the "Defendants") are unlawfully divesting Link Motion's assets, including whole subsidiaries, by selling them without permission from shareholders.

Shi now seeks to dismiss Baliga's suit and responds to an order to show cause…

2Cases cited26 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  4. Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
  5. Licci Ex Rel. Licci v. Lebanese Canadian Bank, SALCourt of Appeals for the Second Circuit · 2012

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3Cited by16 opinions

  1. Amazon.com Inc v. Zhenyong DongDistrict Court, W.D. Washington · 2022
  2. Asia Maritime Pacific Chartering Ltd. v. Comercializadora Columbia S.A. de C.V.District Court, S.D. New York · 2023
  3. Bunce v. Glock, Inc.District Court, D. Vermont · 2024
  4. Convergen Energy LLC v. BrooksDistrict Court, S.D. New York · 2020
  5. Esposito v. TipRanks LTDDistrict Court, S.D. New York · 2024

11 more not listed; retrieve them via the Exa API.

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