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UFCW Local 1500 Pension Fund v. Marissa Mayer, et al
Case Number:
17-15435
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Sectors & Industries:
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July 12, 2018
Yahoo Investors Can't Rouse Alibaba Stock Suit In 9th Circ.
The Ninth Circuit refused Thursday to revive Yahoo Inc. investors' derivative shareholder suit alleging the company violated a deal with the U.S. Securities and Exchange Commission by purchasing stock in retail website Alibaba, saying the claims have no place in federal court.
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June 13, 2018
Yahoo Investor Tells 9th Circ. SEC Doesn't Answer Mail
Yahoo investors urged the Ninth Circuit on Wednesday to revive their derivative shareholder suit alleging Yahoo Inc. violated a deal with the U.S. Securities and Exchange Commission by purchasing Alibaba stock, saying merely complaining to the SEC instead of suing wouldn't work because "writing letters" doesn't get a response.
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November 20, 2017
Yahoo Tells 9th Circ. SEC Order Blocks Derivative Suit
Yahoo Inc. shouldn't have to face a shareholder derivative suit alleging that it failed to register as an investment company once its Alibaba Group Holding Ltd. stake outweighed its internet business, it told the Ninth Circuit on Friday, saying that an exemption order by the U.S. Securities and Exchange Commission cannot be reviewed by the court.
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August 21, 2017
Fund Wants Suit Over Yahoo's Alibaba Investment Revived
A pension fund on Friday appealed a California federal judge's second dismissal of a shareholder derivative suit alleging that Yahoo Inc. failed to register as an investment company once its Alibaba Group Holding Ltd. stake outweighed its internet business, contending the court erred in viewing the fund as a private litigant.