Pohlmann v. Blum et al
Summary
Stockholder derivative suit filed against Cytokinetics directors and officers in N.D. California. The case involves allegations related to corporate governance. Recent filings include pro hac vice motions for attorneys and a stipulation to stay the action pending. The case remains in early procedural stages with no substantive ruling issued.
What changed
A stockholder derivative lawsuit was filed against Cytokinetics Incorporated and its directors/officers including Robert I. Blum, Santo J. Costa, and Robert A. Harrington in the Northern District of California. The case was filed on March 9, 2026, under case number 3:26-cv-01998-RFL before Judge Rita F. Lin. Recent procedural filings include pro hac vice motions for attorneys and a joint stipulation to stay the action.
For Cytokinetics and its leadership, this represents ongoing litigation risk requiring defense resources. Stockholder derivative suits typically allege breaches of fiduciary duty, waste, or mismanagement. The parties have already stipulated to stay proceedings, suggesting potential settlement discussions. Directors should ensure D&O insurance coverage is adequate and work with counsel to respond to discovery requests if the stay is lifted.
What to do next
- Monitor for case developments
- Review corporate governance disclosures
Archived snapshot
Apr 9, 2026GovPing 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.
Pohlmann v. Blum et al
Case Number: 3:26-cv-01998-RFL Judge: Lin, Rita F. Location: San Francisco Case Type: Civil Case Basis: Federal Question Nature of Suit: Stockholders Suits Date Filed:
March 9, 2026
Last Filing Date:
April 8, 2026
View Publicly Available Documents Case Summary No summary of this case is available
Recent Filings
| Date Filed | Docket Number | Document Description |
| --- | --- | --- |
| 04-08-26 | 18 | MOTION for leave to appear in Pro Hac Vice ( Filing fee $ 328, receipt number ACANDC-21848423.) Filing fee previously paid on 4/8/2026 filed by Muna Bhanji, Robert I. Blum, Santo J. Costa, Cytokinetics, Incorporated, Robert A. Harrin |
| 04-08-26 | 19 | MOTION for leave to appear in Pro Hac Vice for Andrew Berdon ( Filing fee $ 328, receipt number ACANDC-21849077.) filed by Muna Bhanji, Robert I. Blum, Santo J. Costa, Cytokinetics, Incorporated, Robert A. Harrington, John T. Henders |
| 04-08-26 | 20 | STIPULATION WITH PROPOSED ORDER STAYING ACTION filed by Muna Bhanji, Robert I. Blum, Santo J. Costa, Cytokinetics, Incorporated, Robert A. Harrington, John T. Henderson, Edward M. Kaye, Robert Landry, B. Lynne Parshall, Sandford D. Smith |
| 04-08-26 | 21 | Certificate of Interested Entities by Muna Bhanji, Robert I. Blum, Santo J. Costa, Robert A. Harrington, John T. Henderson, Edward M. Kaye, Robert Landry, B. Lynne Parshall, Sandford D. Smith, Wendell Wierenga, Nancy J. Wysenski (Kap |
| 04-08-26 | 22 | Certificate of Interested Entities by Cytokinetics, Incorporated (Kapur, Emily) |
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