Renewable Energy Co. Says Latest Derivative Suit Falls Short

Law360 (September 3, 2019, 6:00 PM EDT) -- The directors of renewable energy company Amyris Inc. have claimed that the latest derivative action brought by shareholder Wayne Bonner in California federal court should — like his first two complaints — be dismissed.

The Amyris board said Friday that Bonner, who alleges that the directors allowed Amyris to grossly overestimate future revenues in 2018, has again fallen short of the requirement that he either take his concerns to the board before filing suit or demonstrate why the board would not have been able to consider the concerns impartially.

“Although in this latest complaint Bonner now challenges a new transaction, Amyris’...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms


Government Agencies