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PITTELMAN v. PEARCE

Docket No. B052941.

6 Cal.App.4th 1436 (1992)

8 Cal. Rptr.2d 359

STEVEN PITTELMAN, Plaintiff and Appellant, v. M. LEE PEARCE et al., Defendants and Respondents.

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

May 29, 1992.

Attorney(s) appearing for the Case

COUNSEL

Clemens, Glassman & Clemens, Michael S. Glassman, Kathleen Clemens, Pomerantz, Levy, Haudek, Block & Grossman, Stanley M. Grossman, Shaheen Rushd and Jeffrey C. Block for Plaintiff and Appellant.

Quinn, Emanuel & Urquhart, A. William Urquhart, Karen A. Rooney, Carol A. Stickels, Skadden, Arps, Slate, Meagher & Flom, Michael H. Diamond and Jeffrey B. Valle for Defendants and Respondents.

OPINION

CROSKEY, Acting P.J.

Plaintiff, Steven Pittelman, appeals from a summary judgment entered in favor of the defendants, American Medical International Inc., a Delaware corporation (AMI), and its directors1 on his class action complaint filed on behalf of himself and other debenture holders. As we conclude that there is no fiduciary duty owed to debenture...

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