Establishing personal jurisdiction may seem mundane, but without it a plaintiff may soon find itself out of court, as did the plaintiff in Marshall v. Galvanoni, 2017 U.S. Dist. LEXIS 185530.
In Marshall, the plaintiff sued a half dozen companies...
California Securities Laws, Judge Gonzalo P. Curiel, Judge Kimberly J. Mueller, Marshall v. Galvanoni, personal jurisdiction, scienter, Section 25401
A few years back, I criticized the amendment of California Corporations Code Section 25401 to conform to Rule 10b-5 under the Securities Exchange Act of 1934. See California Creates Complete Chaos By Rewriting Anti-Fraud Statute, But “We Are...
George Santayana, Section 12(a)(2), Section 17(a), Section 25401, Securities Litigation
I trust that by now most quotidian readers of this blog should be familiar with Corporations Code Section 25402 which declares insider trading to be unlawful. Although the statute has been on the books since the enactment of the Corporate...
California Securities Laws, Corporate Securities Law, Insider Trading, Mark Twain, Roughing It, Samuel Clemens, Section 12, Section 25401, tarantulas
In May, I wrote about Judge Gonzolo P. Curiel’s decision to grant the defendants’ motion to dismiss federal and state securities law claims in Mueller v. San Diego Entm’t Partners, LLC, 2017 U.S. Dist. LEXIS 77643 (S.D. Cal. May 22, 2017). I...
2017 U.S. Dist. LEXIS 77643, Judge Gonzolo Curiel, Mueller v. San Diego, Rule 10b-5, scienter, Section 25401, Securities Litigation
On several occasions, I have written about whether scienter is required under Corporations Code Section 25401. That question surfaced again last week in Judge Gonzolo P. Curiel's ruling on the defendants' motion to dismiss federal and state...
AB 1517, California Securities Laws, Chiu, Gonzolo P. Curiel, Mueller v. San Diego, Muratsuchi, scienter, Section 25401, Section 25501, Securities Litigation
Theranos' anni horrorum began in October 2015 with the publication of a story by investigative reporter John Carreyrou at The Wall Street Journal. Lawsuits and government investigations ensued. Although the Theranos recently...
Apollo Capital Fund, California Securities Laws, colman, Elizabeth Holmes, John Carreyrou, Judge Jeffrey S. White, Judge Susan Illston, market manipulation, Nathanael Cousins, Roth Capital, Section 25400(d), Section 25401, Section 25500, Securities Litigation, Theranos
Corporations Code Section 25401 is California's basic securities antifraud statute:
It is unlawful for any person to offer or sell a security in this state, or to buy or offer to buy a security in this state, by means of any written or oral...
AB 1517, Chiu, crowdfunding permi, Legislation, Muratsuchi, scienter, Section 25401, Section 25501, securities fraud, Securities Litigation
Keith Paul Bishop
