SHAHRIAR "JAMES" EKBATANI, SHAHRZAD EKBATANI, as Trustee for Nobility Trust and Dignity Trust, TERRENCE DIAZ, Plaintiffs-Appellants, versus COMMUNITY CARE HEALTH NETWORK, LLC, d.b.a. Matrix Medical Network, FRAZIER MANAGEMENT, LLC, d.b.a. Frazier Healthcare Partners, FRAZIER HEALTHCARE VENTURES, FRAZIER HEALTHCARE VII, L.P., FRAZIER HEALTHCARE VII-A, L.P., THE PROVIDENCE SERVICE CORPORATION, a Delaware Corporation, Defendants-Appellees., 2022 U.S. App. LEXIS 172

Summary

HOLDINGS: [1]-The trial court correctly concluded that the sellers lacked antitrust standing under 15 U.S.C.S. § 18 because the sellers were not participants in the market for healthcare risk adjustment services, they did not provide services in that market, and they were not consumers in that market. Also, they alleged no injury as shareholders of the company.