Firm Secures Dismissal in Claim Against Online Social Networking Executives

April 2, 2010

In an effort led by Durie Tangri partners Josh Lerner and Johanna Calabria, an Alameda Superior Court judge sustained demurrers without leave to amend in a case alleging breach of fiduciary duty and fraud against executives of a social on-line networking company. Judge Judge M. True III ruled that the two-year statute of limitations for alleged breach of oral contract applied to bar all of the asserted claims.