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King v. Bluestein et al - Securities Derivative Complaint

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Summary

Jeffery King filed a securities derivative complaint in the Northern District of California against Hercules Capital, Inc. and individual defendants including Deanne Aguirre, Robert P. Badavas, Scott Bluestein, Gayle Crowell, Thomas J. Fallon, Wade Loo, Seth H. Meyer, Pam Randhawa, and Nikos Theodosopoulos. The complaint, filed April 19, 2026, alleges securities violations against the company's officers and directors. The case is styled as a derivative action brought on behalf of the corporation.

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What changed

Jeffery King initiated a securities derivative action in federal court against Hercules Capital, Inc. and named individual defendants. The complaint was filed on April 19, 2026, marking the commencement of litigation alleging securities violations by corporate insiders. The filing includes a certificate of interested entities and a notice regarding related case administration.

Affected parties including corporate officers and directors named as defendants should monitor this litigation for developments. The derivative nature of the action means any recovery would benefit the corporation rather than individual shareholders directly. Legal counsel should assess exposure and potential defenses.

Archived snapshot

Apr 20, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

King v. Bluestein et al

Case Number: 3:26-cv-03295 Location: San Francisco Case Type: Civil Case Basis: Federal Question Nature of Suit: Securities/Commodities Date Filed:

April 19, 2026

Last Filing Date:

April 19, 2026

View Publicly Available Documents Case Summary No summary of this case is available

Recent Filings

Date Filed Docket Number Document Description
04-19-26 1 COMPLAINT (Derivative) against Deanne Aguirre, Robert P. Badavas, Scott Bluestein, Gayle Crowell, Thomas J. Fallon, Hercules Capital, Inc., Wade Loo, Seth H. Meyer, Pam Randhawa, Nikos Theodosopoulos ( Filing fee $ 405, receipt number AC
04-19-26 2 Certificate of Interested Entities by Jeffery King (Flynn, Francis)
04-19-26 3 NOTICE by Jeffery King Notice of Filing in Lower Numbered Case Administrative Motion to Consider Whether Case Should Be Related (Attachments: # (1) Exhibit A, Copy of Administrative Motion to Relate in Lower Filed Case)(Flynn, Francis) (F

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Last updated

Classification

Agency
NDCA
Filed
April 19th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Minor
Document ID
3:26-cv-03295
Docket
3:26-cv-03295

Who this affects

Applies to
Public companies Investors Legal professionals
Industry sector
5231 Securities & Investments
Activity scope
Securities litigation Derivative actions Corporate governance disputes
Geographic scope
California US-CA

Taxonomy

Primary area
Securities
Operational domain
Legal
Compliance frameworks
SOX
Topics
Corporate Governance Judicial Administration

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