Li
Li v. Arcsoft, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 LEI LI, et al., Case No. 19-cv-05836-JSW
Plaintiffs, ORDER DENYING DEFENDANTS' v. RENEWED MOTION FOR
JUDGMENT AS A MATTER OF LAW
ARCSOFT, INC., et al., Re: Dkt. No. 382 Defendants.
12 Now before the Court is the renewed motion for judgment as a matter of law filed by Defendants ArcSoft, Inc. (“ArcSoft”) and Michael Deng (collectively, “Defendants”). The Court finds that this matter is appropriate for disposition without oral argument. See N.D. Civ. L. R. 7- 1(b). Having reviewed the parties’ papers, relevant legal authority, and the record in this case, the Court hereby DENIES Defendants’ motion. BACKGROUND Plaintiffs Lei Li, Strong Wealth Limited, and Pacific Smile Limited (collectively, “Plaintiffs”) brought suit for damages that arose from or related to a management-led buyout of Plaintiffs’ shares in ArcSoft in 2017 (the “Buyout”). Defendants argued in their summary judgment motion and…