Dennis v. Hart et al
| Ronald Dennis |
| Pico Holdings, Inc., Carlos C. Campbell, Kenneth J. Slepicka, John R. Hart, Ronald Langley, Ronald G. Deuster, Richard D. Ruppert, Julie H. Sullivan and Kristina M. Leslie |
| 3:2011cv02271 |
| September 30, 2011 |
| US District Court for the Southern District of California |
| San Diego Office |
| San Diego |
| William V. Gallo |
| William Q. Hayes |
| Securities/Commodities |
| 15 U.S.C. ยง 78 m(a) Securities Exchange Act |
| Both |
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Filing
18
ORDER: The (Doc. 6 ) Motion to Dismiss filed by Defendants John R. Hart, Ronald Langley, Ronald G. Deuster, Richard D. Ruppert, Julie H. Sullivan, Kristina M. Leslie, Carlos C. Campbell, Kenneth J. Slepicka, and Pico Holding, Inc. is granted in part . Plaintiff's claim for declaratory judgment that "the adverse May 13, 2011 advisory shareholder vote on the PICO Board's 2010 executive compensation rebutted the business judgment surrounding the PICO Board's decisions to increas e executive compensation in 2010" pursuant to 15 U.S.C. Section 78n-1 is dismissed. The (Doc. 7 ) Motion to Remand to State Court filed by Plaintiff Ronald Dennis, suing derivatively is granted in part. Pursuant to 28 U.S.C. Section 1447(c), th is action is remanded to the California Superior Court for the County of San Diego, where it was originally filed and assigned Case No. 37-2011-00096377-CU-SL-CTL. Signed by Judge William Q. Hayes on 1/6/2012. (Certified copy mailed to Calif. Superior Court, San Diego.) (mdc)
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