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IN RE FINJAN HOLDINGS, INC.

No. 21-16702.

58 F.4th 1048 (2023)

IN RE: FINJAN HOLDINGS, INC. Securities Litigation, Robert Grier, Plaintiff-Appellant, v. Finjan Holdings, Inc., and Philip Hartstein, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Filed January 20, 2023.

Attorney(s) appearing for the Case

Juan E. Monteverde (argued), Monteverde & Associates PC, New York, New York, for Plaintiff-Appellant.

James L. Jacobs (argued) and Valerie M. Wagner , GCA Law Partners LLP, Mountain View, California, for Defendants-Appellees.

Before: Michael Daly Hawkins, Carlos T. Bea, and Jacqueline H. Nguyen, Circuit Judges.

OPINION

In the summer of 2020, the board of directors of Finjan Holdings, Inc. ("Finjan"), struck a deal with Fortress Investment Group LLC ("Fortress") for Fortress to purchase all Finjan shares at $1.55 per share. Finjan's shareholders subsequently approved the deal.

Robert Grier, a Finjan shareholder at the...

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