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WADDELL & REED FINANCIAL, INC. v. TORCHMARK CORP.

No. CIV.A. 01-2372-KHV.

180 F.Supp.2d 1235 (2001)

WADDELL & REED FINANCIAL, INC., Waddell & Reed, Inc., and Waddell & Reed Investment Management Company, Plaintiffs, v. TORCHMARK CORPORATION, Ronald K. Richey, Harold T. McCormick, and Louis T. Hagopian, Defendants.

United States District Court, D. Kansas.

December 21, 2001.

Attorney(s) appearing for the Case

James D. Griffin, Angel D. Mitchell, Blackwell Sanders Peper Martin LLP, Kansas City, MO, Thomas H. Dahlk, Megan Sebastian Wright, Trenton P. Bausch, Blackwell Sanders Peper Martin LLP, Omaha, NE, for plaintiffs.

William R. Sampson, Scott C. Nehrbass, Matthew C. Miller, Shook, Hardy & Bacon L.L.P., Overland Park, KS, Hobart A. McWhorter, Jr., James W. Gewin, Michael R. Pennington, Bradley Arant Rose & White LLP, Birmingham, AL, Betsy Palmer Collins, William J. Baxley, Baxley, Dillard, Dauphin & McKnight, Birmingham, AL, for defendants.

MEMORANDUM AND ORDER

VRATIL, District Judge.

Plaintiffs filed suit against Torchmark Corporation ("Torchmark"), the former corporate parent of Waddell & Reed, Inc. ("W & R"), and former common directors of Torchmark and Waddell & Reed Financial, Inc. ("W & R Financial") under the Racketeer Influenced and Corrupt Organizations Act ("RICO") and Kansas common law. This matter is before the Court on Defendants' Motion For Abstention And Stay...

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