Miguel

1 2 3 4 IN THE UNITED STATES DISTRICT COURT 5 FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 7 GREGOR MIGUEL, et al., Case No. 20-cv-01753-MMC

8 Plaintiffs, ORDER DENYING DEFENDANTS' 9 v. MOTION FOR SUMMARY JUDGMENT

10 SALESFORCE.COM, INC., et al., 11 Defendants.

12 13 Before the Court is defendants’ Salesforce.com, Inc. (“Salesforce”), Board of 14 Directors of Salesforce (“Board”), Marc Benioff (“Benioff”), The Investment Advisory 15 Committee (“Committee”), Joseph Allanson (“Allanson”), Stan Dunlap (“Dunlap”), and 16 Joachim Wettermark’s (“Wettermark”) “Motion for Summary Judgment” (“Defs.’ Mot.”) 17 filed November 13, 2023. (See Doc. No. 112.) Plaintiffs have filed opposition, to which 18 defendants have replied. Having read and considered the papers filed in support of and 19 in opposition to the motion, the Court rules as follows.1 20 BACKGROUND 21 Plaintiffs are former Salesforce employees who participated in the Salesforce 22 401(k) Plan (“the Plan”). (See First Am. Compl. ¶¶ 20–23, Doc. No. 38.) In the…