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NEUBAUER v. GOLDFARB

No. B157329.

133 Cal.Rptr.2d 218 (2003)

108 Cal.App.4th 47

Walter J. NEUBAUER et al., Plaintiffs and Appellants, v. Andrew GOLDFARB et al., Defendants and Respondents.

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

April 23, 2003.

Attorney(s) appearing for the Case

Gibson, Dunn & Crutcher, Phillip L. Bosl, Theodore J. Boutrous, Jr., William

E. Thomson and Julian W. Poon, Los Angeles, for Plaintiffs and Appellants.

O'Melveny & Myers, David P. Enzminger and Paula E. Ambrosini, Los Angeles, for Defendants and Respondents.

JOHNSON, J.

A minority shareholder in a closely held corporation brought this action against the corporation, its directors and majority shareholders, alleging breach of fiduciary duty, fraud, negligence and false statements in the purchase of securities in violation of Corporations Code section 25401. The complaint also charged the president and chief executive officer of the corporation with breach of an oral contract...

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