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TINDALL v. FIRST SOLAR INC.

No. 17-15185.

892 F.3d 1043 (2018)

Clifford TINDALL; Britt Nederhood; Eng Kwang Tan; Eric Feigin, Plaintiffs-Appellants, v. FIRST SOLAR INCORPORATED; Michael J. Ahearn; Robert J. Gillette; Mark R. Widmar; Jens Meyerhoff; James Zhu; Bruce Sohn; David Eaglesham; Craig Kennedy; James F. Nolan; William J. Post; J. Thomas Presby; Paul H. Stebbins; Michael Sweeney; Jose H. Villareal, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Filed June 13, 2018.

Attorney(s) appearing for the Case

George C. Aguilar (argued) and Brian J. Robbins , Robbins Arroyo LLP, San Diego, California; Yury A. Kolesnikov , Albert Y. Chang , and Francis A. Bottini Jr. , Bottini & Bottini Inc., La Jolla, California; for Plaintiffs-Appellants.

Anna Erickson White (argued), Robert L. Corez Webb , and Jordan Eth , Morrison & Foerster LLP, San Francisco, California; Sophia M. Brill and Brian R. Matsui , Morrison & Foerster LLP, Washington, D.C.; for Defendants-Appellees.

Before: J. Clifford Wallace, Johnnie B. Rawlinson, and Paul J. Watford, Circuit Judges.

OPINION

Plaintiffs appeal from the dismissal of their shareholder derivative action under Federal Rule of Civil Procedure 23.1 for failure to show demand futility. We have jurisdiction under 28 U.S.C. § 1291, and affirm.

I.

First Solar, Inc. is one of the world's largest producers of photovoltaic...

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