SAN JOSE — An Ohio woman is suing TiVo and and its corporate directors, alleging negligent misrepresentations and omissions.
Rebecca Graham filed a class action lawsuit, individually and on behalf of all others similarly situated, Aug. 3 in U.S. District Court for the Northern District of California San Jose Division against
TiVo Inc. and corporate directors Peter Aquino, Jeffrey T. Hinson, Daniel Moloney, Thomas S. Rogers and Winifred Markus Webb,
alleging violation of the Securities Exchange Act.
According to the complaint, Graham was deprived of her right to cast a fully informed vote on the proposed merger between TiVo and Rovi Corporation and would suffer irreparable financial injury were the proposed transaction consummated.
The plaintiff alleges the defendants failed to provide stockholders with material information necessary for an informed vote on the proposed transaction and issued the misleading proxy with the intention of soliciting stockholder support.
Graham seeks a trial by jury, judgment against the defendant, a ruling declaring this case as a class action, permanently enjoining defendants from closing the proposed transaction, pre-judgment and post-judgment interest and all other relief the court deems proper. She is represented by attorneys Donald E. Enright and Elizabeth K. Tripodi of Levi & Korsinsky LLP in Washington, D.C., and by Adam C. McCall of the same firm in Los Angeles.
U.S. District Court for the Northern District San Jose Division of California Case number 5:16-cv-04367