Sanchez

Filed 6/12/24 Sanchez v. Robbins CA6

NOT TO BE PUBLISHED IN OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SIXTH APPELLATE DISTRICT

EDWARD SANCHEZ, H050521

(Santa Clara County Plaintiff and Appellant, Super. Ct. No. 20CV370823)

v.

CHUCK ROBBINS et al.,

Defendants and Respondents.

Plaintiff Edward Sanchez brought a shareholder derivative suit against executives and board members (collectively, defendants) of Cisco Systems, Inc. (Cisco), alleging breach of fiduciary duty and unjust enrichment related to an alleged failure to promote racial and ethnic diversity in the corporation. After plaintiff sued, Cisco’s shareholders voted to reincorporate the corporation from California to Delaware. A corporate bylaw adopted after reincorporation requires derivative actions brought on…