U.S. Court of Appeals for the 9th Circuit
Aug. 2, 2013
Executive compensation suits kicked back to state court
A 9th U.S. Circuit Court of Appeals panel on Wednesday overturned a San Diego district judge's decision to accept a pair of shareholder suits over executive compensation, instead sending them back to state court.
Daily Journal Staff Writer
A 9th U.S. Circuit Court of Appeals panel on Wednesday overturned a San Diego district judge's decision to accept a pair of shareholder suits over executive compensation, instead sending them back to state court.
In the complaints, two groups of Pico Holdings Inc. shareholders allege that executives at the La Jolla-based holding company violated portions of the Dodd-Frank Act requiring corpor...
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