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WILL v. ENGEBRETSON & CO.

Docket No. G006681.

213 Cal.App.3d 1033 (1989)

261 Cal. Rptr. 868

TED WILL, Plaintiff and Appellant, v. ENGEBRETSON & COMPANY, INC., et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division Three.

August 31, 1989.

Attorney(s) appearing for the Case

COUNSEL

Copenbarger & Associates, Paul D. Copenbarger, Jaime D. Banfield and Patricia J. Rozakis for Plaintiff and Appellant.

C.D. Daly, Saltarelli & Steponovich, Steponovich & Long and Michael J. Steponovich, Jr., for Defendants and Respondents.

OPINION

SCOVILLE, P.J.

The superior court dismissed plaintiff's shareholder derivative action under the "business judgment rule" after a compensation committee appointed by the corporation's board of directors determined that it was in the best interests of the corporation to terminate the lawsuit. (See Gaines v. Haughton (9th Cir.1981) 645 F.2d 761; Lewis v. Anderson ...

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