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MEISTER v. MENSINGER

No. H036861.

230 Cal.App.4th 381 (2014)

178 Cal.Rptr.3d 604

ROBERT MEISTER et al., Plaintiffs and Appellants, v. DUANE MENSINGER et al., Defendants and Respondents.

Court of Appeals of California, Sixth District.

October 6, 2014.

Attorney(s) appearing for the Case

Baker & McKenzie, Tod L. Gamlen , Brian K. Tomkiel and Michael N. Westheimer for Plaintiffs and Appellants.

Sheppard, Mullin, Richter & Hampton, Robert J. Stumpf, Jr. , and Steven H. Winick for Defendants and Respondents.

OPINION

PREMO, J. —

Appellants Robert Meister, Janice Meister and Kathryn Meister (hereafter collectively the Meisters) were preferred shareholders in Sesame Technologies, Inc. (Sesame), a now dissolved software company. Respondent Duane Mensinger (Mensinger) was Sesame's chief financial officer and respondent Carl Koppel (Koppel) was its chief executive officer. Sesame experienced financial difficulties, and its assets were sold to a...

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