In Re Edwards Lifesciences Corporation Derivative Litigation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA
CIVIL MINUTES — GENERAL
Case No. 8:24-cv-02822-AH (KESx) Date June 10, 2025 Title Jn re Edwards Lifesciences Corp. Derivative Litig.
Present: The Honorable Anne Hwang, United States District Judge
Yolanda Skipper —__———NotReported Deputy Clerk Court Reporter
Attorney(s) Present for Plaintiff(s): Attorney(s) Present for Defendant(s): None Present None Present
Proceedings: (IN CHAMBERS) ORDER TO SHOW CAUSE WHy CASE SHOULD
NOT BE STAYED
On October 14, 2024, Plaintiff Dhimant Patel filed a putative securities class action alleging violations of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a, et seq. (“Exchange Act”) against Edwards Lifesciences Corporation (“Edwards Lifesciences’) and corporate officers of Edwards Lifesciences. Case No. 8:24-cv-02221-AH (KESx) (the “Patel Action”), Dkt. No. 1. On December 31, 2024, Plaintiff Manh Ho filed a shareholder derivative action alleging violations of the Exchange Act, breach of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement, and waste of…