By Sarah Jarvis (May 2, 2022, 7:44 p.m. EDT) – A California appellate court has ruled that an investor’s lawsuit against the maker of a robotic system used in hair transplant procedures must be brought before a federal court finding a forum selection provision in the corporation’s certificate of incorporation is enforceable despite the plaintiff’s preference to remain in state court.
The panel behind Thursday’s ruling in favor of Restoration Robotics Inc. rejected plaintiff Sunny C. Wong’s argument that a Golden State trial court erred in declining jurisdiction over its claims in securities matter against the company in September 2020.
The appeal panel asserted that the federal restaurant forum provision does not violate securities law,…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!