Chang v. Cashman

District Court, N.D. California·Decided April 8, 2024·No. 3:22-cv-02010·Unknown

Opinion

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 STACY CHANG, Case No. 22-cv-02010-AMO (DMR)

8 Plaintiff, ORDER ON JOINT DISCOVERY 9 v. LETTER

10 CARLOS CASHMAN, et al., Re: Dkt. No. 82 11 Defendants.

12 The parties filed a joint discovery letter in which Plaintiff Stacy Chang moves to compel 13 Defendants Carlos Cashman; Arrowside Ventures, LLC; Arrowside Capital, LLC; Arrowside 14 Fund GP, LLC; and Cashman Family Investments II, LLC to respond to a single request for 15 production (“RFP”). [Docket No. 82.] This matter is suitable for resolution without a hearing. 16 Civ. L.R. 7-1(b). For the following reasons, the motion to compel is denied. 17 I. BACKGROUND 18 This case stems from an employment dispute between Plaintiff and Defendant Cashman. 19 Plaintiff alleges that she “is an accomplished professional in the venture capital industry.” She 20 joined Founders Fund in 2017 where she worked as Chief of Staff. [Docket No. 109 (Second Am. 21 Compl., “SAC”) ¶¶ 1, 33.] In January 2020, third-party Thomas Copeman introduced Plaintiff to 22 Cashman, the co-founder and CEO of Thrasio, which has been valued at $10 billion. Id. at ¶¶ 2, 23 35. In May 2021, Copeman told Chang that Cashman “wanted to create a new investment 24 platform and raise a fund to work more closely with early-stage founders” and would provide $10 25 million of capital. Id. at ¶¶ 2, 37. Copeman “sought to gauge whether Chang was interested in 26 joining [the new entity] as a partner.” Id. at ¶ 38. 27 Plaintiff alleges that Cashman and Copeman subsequently recruited Plaintiff to join the 1 2021, “Cashman treated Chang as a full-time employee and partner in Arrowside” and the parties 2 “mutually agreed and understood that Chang was now working for Cashman and Arrowside.” Id. 3 at ¶ 49. Arrowside Capital, LLC “would employ Chang and all of the other partners, and provide 4 services and benefits to all employees, including infrastructure, offices, and IT systems,” and 5 ownership of the entity would be split among the partners. Id. at ¶ 8. Based on statements from 6 Cashman, Copeman, and another anticipated partner, Plaintiff “believed that she would receive 7 carried interest from any investments she introduced to [Arrowside] Fund [GP].” Id. at ¶¶ 44, 45. 8 On October 13, 2021, Plaintiff told Cashman and Copeman that she would be “winding 9 down her responsibilities at Founders Fund and resigning” in the coming weeks. Id. at ¶ 57. Her 10 last day at Founders Fund was November 30, 2021. Id. at ¶ 15. On December 10, 2021, Copeman 11 told Plaintiff that she would no longer be part of Arrowside and offered her one-month’s pay and 12 carry interest for three of her funding deals. Id. at ¶ 72. She rejected this proposal. Id. 13 Plaintiff filed the complaint in March 2022 against Defendants Cashman; Arrowside 14 Capital, LLC; Arrowside Fund GP, LLC; Arrowside Ventures, LLC; and Cashman Family 15 Investments II, LLC. She filed the SAC in March 2024 and added Perseverus LLC as a defendant. 16 She alleges the following claims in the SAC: 1) fraudulent inducement; 2) negligent 17 misrepresentation; 3) misrepresentations in violation of California Labor Code section 970; 4) 18 breach of contract; 5) promissory estoppel; 6) unjust enrichment; 7) failure to pay wages upon 19 separation of employment; 8) violation of California Business and Professions Code section 17200 20 et seq.; and 9) failure to reimburse expenses and losses in violation of California Labor Code 21 section 2802. 22 Plaintiff now moves to compel Defendants to produce documents in response to request for 23 production (“RFP”) No. 18. 24 II. LEGAL STANDARD 25 Federal Rule of Civil Procedure 26 provides

26 Parties may obtain discovery regarding any nonprivileged matter that is relevant to any party’s claim or defense and proportional to the 27 needs of the case, considering the importance of the issues at stake in the action, the amount in controversy, the parties’ relative access to discovery in resolving the issues, and whether the burden or expense 1 of the proposed discovery outweighs its likely benefit. 2 Fed. R. Civ. P. 26(b)(1). “Information within this scope of discovery need not be admissible in 3 evidence to be discoverable.” Id. “Relevancy, for the purposes of discovery, is defined broadly, 4 although it is not without ultimate and necessary boundaries.” Gonzales v. Google, Inc., 234 5 F.R.D. 674, 679-80 (N.D. Cal. 2006). “While the party seeking to compel discovery has the 6 burden of establishing that its request satisfies relevancy requirements, the party opposing 7 discovery bears the burden of showing that discovery should not be allowed, and of clarifying, 8 explaining, and supporting its objections with competent evidence.” Lofton v. Verizon Wireless 9 (VAW) LLC, 308 F.R.D. 276, 281 (N.D. Cal. 2015) (citing La. Pac. Corp. v. Money Mkt. 1 10 Institutional Inv. Dealer, 285 F.R.D. 481, 485 (N.D. Cal. 2012)). 11 III. DISCUSSION 12 RFP No. 18 seeks “[a]ll settlement agreements, cease and desist letters, demand letters, and 13 deposition testimony from Carlos Cashman in previous or threatened litigation involving Mr. 14 Cashman, including in Sasha Hoffman v. Thras.io Inc., et al., Case No. 1:20-cv-12224-PBS (D. 15 Mass.) and actual or threatened litigation involving OrionCKB.” Jt. Letter Ex. A. Defendants 16 made numerous objections to the RFP, including that it is “vague, ambiguous, overly broad, 17 unduly burdensome, and not reasonably calculated to lead to the discovery of admissible 18 evidence.” They also argue that the request seeks privileged and/or confidential, proprietary 19 materials. Id. However, the parties focus their discussion on the relevance of the requested 20 materials and burden of production and do not address Defendants’ other objections. Accordingly, 21 the court focuses on the parties’ dispute regarding relevance. 22 Plaintiff contends that the complaint in Sasha Hoffman v. Thras.io Inc., et al. “accused 23 Defendant Cashman of ‘refus[ing] to provide [Plaintiff] with the fully earned, vested Thras.io 24 equity repeatedly promised to her in return for her work in helping to get Thras.io off the 25 ground.’” Jt. Letter 2 (citation omitted). According to Plaintiff, the complaint “goes on to detail 26 repeated unfulfilled promises made by Mr. Cashman that are strikingly similar to those recounted 27 in Plaintiff’s Amended Complaint here.” Id. As to the OrionCKB matter, Plaintiff contends that 1 litigation related to ‘employment and a position . . . there was a dispute over the eventual 2 compensation that would have been due.’” Id. (quoting Cashman Dep. 43-44). According to 3 Plaintiff, “Cashman failed to ‘document[ ] properly’ the employee’s position, and the dispute was 4 eventually settled after he received a demand letter.” Id. (quoting Cashman Dep. 44-46). 5 Plaintiff contends that RFP No. 18 “seeks what should not amount to more than a handful 6 of documents that are critical to this case, which include . . . one deposition transcript, two 7 settlement agreements, and less than five letters.” Jt. Letter 2. She argues that “[t]hese documents 8 should confirm that Defendant Carlos Cashman engaged in nearly identical misconduct as that 9 alleged by Plaintiff Chang in in [sic] in the Thras.io and OrionCKB matters” and that she 10 “anticipates these documents will therefore demonstrate his pattern of making employment 11 promises he has no intention of maintaining.” Id. Plaintiff further contends that the requested 12 materials are relevant to “refut[ing] Defendant Cashman’s insistent claims that he was unaware of 13 the consequences of his oral promises to Plaintiff.” Id. at 3.

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