Simpson Thacher Attorneys Author Law360 Article on Ninth Circuit Ruling Clarifying the Derivative Suit Representation Test
05.21.25
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Litigation Partners Stephen Blake, Craig Waldman and Jonathan Youngwood authored an article titled, “9th Circ. Ruling Clarifies Derivative Suit Representation Test,” which was published by Law360. The article provided background and procedural history on the Ninth Circuit’s affirmation of the U.S. District Court for the Central District of California's dismissal of a shareholder derivative action in Bigfoot Ventures Ltd. v. Knighton. It further described how the Ninth Circuit expanded what a court may consider in analyzing plaintiff adequacy, as well as outlined key takeaways from the Ninth Circuit ruling.
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