Opinion

StorMedia Inc. v. Superior Court

84 Cal. Rptr. 2d 843
20 Cal. 4th 449
99 Daily Journal DAR 5067
976 P.2d 214
99 Cal. Daily Op. Serv. 3989

Court: California Supreme Court
Filed: May 27, 1999
Status: Published
Author: Brown
On the bench: Baxter, Brown
Cited by: 49 cases
Authority: More cited than 12.8%

The opinion

BROWN, J.,

Dissenting.—For the reasons stated in my dissenting opinion in Diamond Multimedia Systems, Inc. v. Superior Court (1999) 19 Cal.4th 1036, 1065 [ 80 Cal.Rptr.2d 828 , 968 P.2d 539 ], I do not believe that out-of-state purchasers of the securities of California companies have a remedy under the Corporate Securities Law of 1968 (Corp. Code, § 25000 et seq.) for market manipulation. Accordingly, I dissent.

Chin, J., concurred.

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