In Jensen v. iShares Trust, 2020 Cal. App. LEXIS 61 (Cal. App. Jan. 23, 2020), a rare state court decision addressing claims under the Securities Act of 1933 (“1933 Act”), the California Court of Appeal rejected...more
2/4/2020
/ Appeals ,
Asset Tracing ,
BlackRock ,
Broker-Dealer ,
ETFs ,
Failure To Disclose ,
Institutional Investors ,
Investment Company Act of 1940 ,
Registration Statement ,
Secondary Markets ,
Securities Act of 1933 ,
Securities Exchange Act ,
Shareholder Litigation ,
Shareholders ,
Standing
Two recent decisions, one from the Delaware Court of Chancery and one from the California Court of Appeal, Fourth Appellate District, refused to apply bylaws that impaired a shareholder/member plaintiff’s ability to pursue...more
In Jones v. Martinez, 230 Cal. App. 4th 1248 (2014), the California Court of Appeal, Second Division, held that a plaintiff asserting a shareholder derivative action against directors of a Delaware corporation in a California...more