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,…
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