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SINGHANIA v. UTTARWAR

No. H028633.

38 Cal.Rptr.3d 861 (2006)

136 Cal.App.4th 416

Alok SINGHANIA, et al., Plaintiffs and Appellants, v. Mohan UTTARWAR, et al., Defendants and Respondents.

Court of Appeals of California, Sixth District.

February 3, 2006.

Attorney(s) appearing for the Case

Korda, Johnson & Wall and B. Ardell Johnson and John W. Clark, for Appellants.

Shearman & Sterling and Jeffrey S. Facter, Raymond A. Just, Emily V. Griffen and Jiyoun Chung, San Francisco, for Appellants.

ELIA, J.

This is an action for damages brought by plaintiffs Vidya Damle, Robert Adams, Amitabh Shah, and Rajesh Swamy (plaintiffs), former minority shareholders and former employees of Soft Plus, Inc, a California corporation (Soft Plus) that was merged with First Acquisition Co., Inc., a Delaware corporation and a wholly owned subsidiary of U.S. Interactive, Inc. (USI), a publicly traded Delaware corporation.1 The essence of their allegations...

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