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WALCZAK v. EPL PROLONG, INC.

No. 99-55227.

198 F.3d 725 (1999)

Michael WALCZAK, Dr.; Shirley J. Baker; Rodney Barnes; Brian Brooks; Jane Brooks; Wilma Brooks; Louis Reedy; Florence Brown; George T. Feiereisen; Terry Mason; Janis Mason; Harry M. Olson, Jr.; Ivan Schultz; Dorothy Schultz, on Behalf of Themselves and all Other Shareholders of EPL Prolong, Inc., Plaintiffs-Appellees, v. EPL PROLONG, INC., dba Prolong International, dba Prolong Super Lubricants; Prolong International Corporation, fka Giguere Industries, Inc.; Prolong Super Lubricants, Inc., fka Corporate Development, Inc.; Elton Alderman; Melanie A. McCaffery; Nicholas M. Roser; Gary C. Wykidal; Personally and in their official Capacities as Officers, Attorneys, and Shareholders of EPL Prolong, Inc., dba Prolong International, Prolong Super Lubricants, Inc., and Prolong International Corp., and all other Prolong Affiliated Companies, Defendants-Appellants, and The Estate of Edwin C. Auld, Jr., Raymond Pratt; Lois M. Miller, Defendants.

United States Court of Appeals, Ninth Circuit.

Filed December 3, 1999.

Attorney(s) appearing for the Case

Neil Goteiner (Argued), San Francisco, California, and Jeffrey L. Garland, Law Offices of Jeffrey L. Garland (On the Briefs), for the defendants-appellants.

Timothy A. Shimko (Argued), Timothy A. Shimko & Associates, Cleveland, Ohio, and Bruce Corbett, Corbett & Steelman, Irvine, California, for the plaintiffs-appellees.

Before: BRIGHT, REINHARDT, and TROTT, Circuit Judges.

TROTT, Circuit Judge:

EPL Prolong, Inc., et al. (collectively "Appellants") appeal an order of the district court granting a preliminary injunction in favor of appellee Michael Walczak ("Walczak"), an EPL Prolong, Inc. minority shareholder who is the representative in a class action shareholder derivative suit. Appellants argue that the Supreme Court's recent decision in Grupo Mexicano de Desarrollo, S.A. v. Alliance Bond Fund, Inc., 527 U.S...

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