22 January 2022 - Firm News

Halpern May Obtains Dismissal of Multi-Million Dollar Suit Against Public Company and Its Former Chief Executive Officer

Halpern May partner Aaron May and associate Thomas Rubinsky recently secured dismissal of a multi-million dollar lawsuit against a publicly-traded company, its former CEO, and an outside attorney who had done work for the company.   The lawsuit, filed in Los Angeles Superior Court, had asserted claims for breach of contract, fraudulent inducement, promissory estoppel and unjust enrichment in connection with the company’s sale of public securities.  Halpern May’s demurrers were sustained by the court in their entirety—and without leave to amend—at the first court hearing in the case, efficiently securing dismissal of the action quickly and before unnecessary litigation expenses were incurred.
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