The wheels of justice turn slowly. Two years ago, I wrote about Judge Robert C. Jones's ruling in Weinfeld v. Minor, 2016 U.S. Dist. LEXIS 30117 (D. Nev. Mar. 8, 2016). In that ruling, Judge Jones tackled tackled the question "whether a judgment in an action by a corporation's stockholders suing derivatively on behalf of the corporation is binding under the rules of res judicata in a subsequent action by other stockholders suing derivatively on behalf of the corporation?" He concluded that under Nevada law, the prior lawsuit did not bar a subsequent derivative suit because the plaintiffs in the current suit were "neither parties nor privies to the previous action."
Now, two years hence, Judge Jones has issued a ruling on the parties' motions for summary judgment. Weinfeld v. Minor, 2018 U.S. Dist. LEXIS 51943. Although his ruling addresses a number of different issues, I will for today focus only on his decision with respect to the plaintiffs' stockholder inspection claim: