Pinnacle Ventures LLC v. Bertelsmann Education Services
Opinion
Trial Court Opinion
1 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 5 PINNACLE VENTURES LLC; PINNACLE Case No. 18-cv-03412-BLF VENTURES DEBT FUND III, L.P.; and PINNACLE IV, L.P.,
ORDER DEFERRING RULING ON
Plaintiffs, PINNACLE’S ANTI-SLAPP MOTION;
AND GRANTING PINNACLE’S
v. MOTION TO DISMISS WITH LEAVE
TO AMEND
BERTELSMANN EDUCATION SERVICES LLC, [Re: ECF 87] 11 Defendant. [REDACTED PUBLIC VERSION] ____________________________________ AND RELATED COUNTERCLAIMS. 14 This action arises from competing assertions of wrongdoing by investors in third party HotChalk, Inc. (“HotChalk”), a privately held corporation that provides education technology and services. Pinnacle Ventures LLC, Pinnacle Ventures Debt Fund III, L.P., and Pinnacle IV, L.P. (collectively, “Pinnacle”) provided debt financing to HotChalk in 2014 and 2015. Bertelsmann Education Services LLC (“BES”) provided additional financing in 2015 and 2018. Pinnacle claims that…