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Firm Defeats Motions to Dismiss in Multimillion-Dollar Shareholder Lawsuit

March 23, 2021 – Representing a successful family-owned company in the energy sector, the Firm defeated two motions to dismiss in the U.S. District Court for the Central District of California. After extensive briefing, the Court issued a lengthy opinion in which the Firm prevailed in its shareholder derivative suit for breaches of fiduciary duty and corporate waste. The lawsuit seeks millions of dollars in damages on behalf of the Firm’s clients.