DIAMOND MULTIMEDIA SYSTEMS v. SUPERIOR COURT

No. S058723.

80 Cal.Rptr.2d 828 (1999)

19 Cal.4th 1036

968 P.2d 539

DIAMOND MULTIMEDIA SYSTEMS, INC. et al., Petitioners, v. The SUPERIOR COURT of Santa Clara County, Respondent; Joanne Pass et al., Real Parties in Interest.

Supreme Court of California.

January 4, 1999.


Attorney(s) appearing for the Case

Wilson Sonsini Goodrich & Rosati, Steven M. Schatz, Terry T. Johnson, Marta Cervantes, Thomas J. Martin and Rebecca A. Mitchells, Palo Alto, for Petitioners.

Daniel J. Popeo, David M. Young, Woodland, and Lawrence W. Schonbrun, Berkeley, for Washington Legal Foundation and Allied Educational Foundation as Amici Curiae on behalf of Petitioners.

Brobeck, Phleger & Harrison, Thomas M. Peterson, Tower C. Snow, Jr., Robert P. Varian, John B. Missing, Sara B. Brody, Patrick Thomas Murphy and Rachael E. Meny, San Francisco, for the Securities Industry Association, the National Venture Capital Association and the American Electronics Association as Amici Curiae on behalf of Petitioners.

Shearman & Sterling, Jeffrey S. Facter, David L. Anderson and Michele F. Kyrouz, San Francisco, for Adobe Systems Incorporated as Amici Curiae on behalf of Petitioners.

No appearance for Respondent.

Milberg Weiss Bershad Hynes & Lerach, Alan Schulman, San Diego, Mark Solomon, William S. Dato; Abbey, Gardy & Squitieri, Arthur N. Abbey, Jill S. Abrams, James J. Seirmarco; Bernstein Litowitz Berger & Grossmann, Daniel L. Berger, Jeffrey N. Leibell; Faruqi & Faruqi, Nadeem Faruqi; Stull, Stull & Brody and Jules Brody, New York City, for Real Parties in Interest Joanne Pass et al.

Barack, Rodos & Bacine, Edward M. Gergosian, Kristi A. Shelton, San Diego; Burt & Pucillo, Michael J. Pucillo and Wendy H. Zoberman, Palm Beach, for Real Party in Interest the Lauren Group.

James McMahon; Harold E. Dunbar, Harrisburg; Berman, DeValerio, Pease & Tabacco and Joseph J. Tabacco, Jr., San Francisco, for the Pennsylvania State Employees' Retirement System and the Missouri State Employees' Retirement System as Amici Curiae on behalf of Real Parties in Interest Joanne Pass et al.

Mooney, Green, Baker, Gibson and Saindon and Robert H. Stropp, Jr., Washington, DC, for National Council of Senior Citizens as Amicus Curiae on behalf of Real Parties in Interest Joanne Pass et al.

Earl V. Brown, Jr., Costa Mesa, and Judy Scott, San Francisco, for the International Brotherhood of Teamsters and the Service Employees International Union as Amici Curiae on behalf of Real Parties in Interest Joanne Pass et al.

Rossbacher & Associates and Henry H. Rossbacher, Los Angeles, for National Council of Senior Citizens, the International Brotherhood of Teamsters and the Service Employees International Union as Amici Curiae on behalf of Real Parties in Interest Joanne Pass et al.


BAXTER, J.

Corporations Code section 25400, a part of the Corporate Securities Law of 1968 (Corp.Code, § 25000 et seq.),1 provides that it is unlawful in this state to make false statements or engage in specified fraudulent transactions which affect the market for a security when done for the purpose of inducing purchase or sale of the security or raising or depressing the price of the security. In short, it prohibits market manipulation...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases