Bandol Lim v. Edward Hightower

Type

Opinion

Author

Richard Allen Griffin

Filed

Oct. 21, 2025

Case

Bandol Lim v. Edward Hightower

Case status

Decided

The first passage of the document, as extracted by the source provider.

NOT RECOMMENDED FOR PUBLICATION File Name: 25a0488n.06 No. 24-3960 UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT ) FILED BRANDOL LIM, Oct 21, 2025 ) Plaintiff, ) KELLY L. STEPHENS, Clerk ) ANDREW STRICKLAND; JOSHUA ) STRICKLAND, ON APPEAL FROM THE ) UNITED STATES DISTRICT Plaintiffs-Appellants, ) COURT FOR THE NORTHERN ) DISTRICT OF OHIO v. ) ) OPINION EDWARD HIGHTOWER; ADAM KROLL; ) DANIEL A. NINIVAGGI, ) ) Defendants-Appellees. ) Before: MOORE, GRIFFIN, and NALBANDIAN, Circuit Judges. GRIFFIN, J., delivered the opinion of the court in which NALBANDIAN, J., concurred, and MOORE, J., concurred in part. MOORE, J. (pp. 30–52), delivered a separate opinion dissenting in part. GRIFFIN, Circuit Judge. Lordstown Motors Corp. and Foxconn Technology Group entered into a partnership to develop and manufacture electric vehicles. Despite the consistent public praise of the partnership from Lordstown’s executives, Foxconn ultimately, and unexpectedly, terminated the partnership. Without Foxconn’s financial backing, Lordstown had to declare bankruptcy. Plaintiffs— shareholders who invested in Lordstown—then sued three Lordstown executives for alleged violations of the Securities Exchange…

Source Extract supplied by CourtListener. Benchlight does not host the document — read the authoritative text in the court's own PDF.