Sally Wagner

In Rad v. Golpour (2012, Sixth District Court of Appeal, Case No. H036035), our attorneys, representing some of the defendants in this corporate dispute, won a stunning reversal of the trial court’s million dollar judgment against all of the defendants. The Court of Appeal agreed with our arguments that, as a derivative shareholder suit, the plaintiff, a mere shareholder, could not recover when suing on behalf of the company. The Court of Appeal further held that the trial court erred in finding various defendants liable under theories of conspiracy, aiding and abetting, or lack of fiduciary duty, all for lack of substantial evidence.