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LEE v. FISHER

No. 21-15923.

34 F.4th 777 (2022)

Noelle LEE, derivatively on behalf of The Gap, Inc, Plaintiff-Appellant, v. Robert J. FISHER; Sonia Syngal; Arthur Peck; Amy Bohutinsky; Amy Miles; Isabella D. Goren; Bob L. Martin; Chris O'Neill; Elizabeth A. Smith; John J. Fisher; Jorge P. Montoya; Mayo A. Shattuck III; Tracy Gardner; William S. Fisher; Doris F. Fisher; The Gap, Inc., Nominal Defendant, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Filed May 13, 2022.

Attorney(s) appearing for the Case

Yury A. Kolesnikov (argued) and Francis A. Bottini Jr. , Bottini & Bottini Inc., La Jolla, California, for Plaintiff-Appellant.

Roman Martinez (argued), Susan E. Engel , and Michael Clemente , Latham & Watkins LLP, Washington, D.C.; Elizabeth L. Deeley and Morgan E. Whitworth , Latham & Watkins LLP, San Francisco, California; William J. Trach , Latham & Watkins LLP, Boston, Massachusetts; for Defendants-Appellees.

Before: RICHARD R. CLIFTON and MILAN D. SMITH, JR., Circuit Judges, and CHRISTINA REISS, District Judge.

OPINION

Plaintiff Noelle Lee brought a shareholder derivative action alleging that The Gap, Inc. and its directors (collectively, Gap) failed to create meaningful diversity within company leadership roles, and that Gap made false statements to shareholders in its proxy statements about the level of diversity it...

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