After voluntarily dismissing his suit filed in the Northern District of Illinois, Phil Rosen has refiled the same suit — a copyright shareholder suit — in the Northern District of California. This is another suit advancing a novel theory under securities law based on the allegation that the directors and officers (D&O) approved copyright infringement, exposed the company to substantial risk of copyright liability, or made material misrepresentations about such conduct to conceal or minimize that risk.
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