Ray Westerman v. Marc Thomas

Good Law
United States District Court, Central District of CaliforniaJanuary 27, 20212:21-cv-00550California660 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

CENTRAL DISTRICT OF CALIFORNIA

CIVIL MINUTES—GENERAL

Case No. CV 20-10444-DMG (PVCx) Date January 27, 2021 CV 21-550-DMG (PVCx)  CV 21-597-DMG (PVCx)

Title Naresh Rammohan v. Marc Thomas, et al. Page 1 of 2 Ray Westerman v. Marc Thomas, et al. Jesse Lowe v. Marc Thomas, et al.

Present: The Honorable DOLLY M. GEE, UNITED STATES DISTRICT JUDGE

KANE TIEN NOT REPORTED

Deputy Clerk Court Reporter

Attorneys Present for Plaintiff(s) Attorneys Present for Defendant(s) None Present None Present

Proceedings: IN CHAMBERS — ORDER TO SHOW CAUSE WHY CASES SHOULD

NOT BE CONSOLIDATED AND WHY CASES SHOULD NOT BE

STAYED

On November 13, 2020, Plaintiff Naresh Rammohan filed a shareholder derivative action alleging violations of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78a et seq. (“Exchange Act”), breaches of fiduciary duty, and related claims against corporate officers of Wrap Technologies, Inc. (“Wrap Technologies”) and nominal defendant, Wrap Technologies. [20- 10444 Doc. # 1.]

On January 20, 2021, Plaintiff Ray Westerman filed a…

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