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Try CasePortal for FreeJ. Kautz finds that the lower court properly found in favor of a telecommunication company following class claims from members of the company who say they were duped into selling $105 million of the company for just $29 million. The class fails to establish reliance needed for class claims to survive, and the company members did not have the capital credits during the sale needed to challenge it because they had already consented to it. Other claims are also tossed for being derivative. Affirmed.
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