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MASTERS v. AVANIR PHARMACEUTICALS, INC.

Case No. SACV 14-00053-CJC(RNBx).

996 F.Supp.2d 872 (2014)

Robert MASTERS, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. AVANIR PHARMACEUTICALS, INC., Keith A. Katkin, Craig A. Wheeler, Corinne H. Nevinny, Dennis G. Podlesak, Hans E. Bishop, David J. Mazzo, and Scott M. Whitcup, Defendants.

United States District Court, C.D. California, Southern Division.

February 12, 2014.

Attorney(s) appearing for the Case

David E. Bower, Faruqi and Farugi LLP, Los Angeles, CA, for plaintiff.

Travis Biffar and Kevin Hugh Logan, Jones Day, Irvine, CA, for defendants.

ORDER DENYING PLAINTIFF'S MOTION FOR PRELIMINARY INJUNCTION

CORMAC J. CARNEY, District Judge.

I. INTRODUCTION

This shareholder class action was filed to enjoin a shareholder vote because of allegedly inadequate disclosures about a proposed equity compensation plan in Defendant Avanir Pharmaceuticals, Inc.'s ("Avanir") 2014 proxy (the "Proxy"). The Proxy disclosed that the company's only existing...

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