In re SONUS NETWORKS, INC. SHAREHOLDER DERIVATIVE LITIGATION
United States District Court, D. Massachusetts.https://leagle.com/images/logo.png
March 31, 2006.
March 31, 2006.
Attorney(s) appearing for the Case
Edward T. Dangel, III, Dangel, Donlan and Fine Boston, MA, William B. Federman, The Law Firm of Federman & Sherwood, Oklahoma City, OK, Willem F. Jonckheer, Schubert & Reed, LLP, San Francisco, CA, Alan L. Kovacs, Law Office of Alan L. Kovacs, Boston, MA, Peter A. Lagorio, Gilman and Pastor, LLP, Saugus, MA, Michael K. Mattchen, Dangel & Mattchen, LLP, Boston, MA, Gregory M. Nespole, Wolf, Haldenstein, Adler, Freeman & Herz LLP, New York City, David Pastor, Gilman and Pastor, LLP, Boston, MA, Paul T. Warner, Reich & Binstock, LLP, Houston, TX, Juden Justice Reed, Schubert & Reed LLP, San Francisco, CA, Plaintiffs.
John R. Baraniak, Jr., Choate, Hall & Stewart, Mary' P. Cormier, Edwards & Angell, LLP, Thomas J. Dougherty, Skadden, Arps, Slate, Meagher & Flom LLP, Robert S. Frank, Jr. Choate, Hall & Stewart, Daniel H. Gold, Wilmer Cutler Pickering Hale and Dorr LLP, John D. Hughes, Edwards & Angell, LLP, Matthew J. Matule, Skadden, Arps, Slate, Meagher & Flom LLP, Gregory F. Noonan, Wilmer Cutler Pickering Hale and Dorr LLP, James W. Prendergast, Wilmer Cutler Pickering Hale and Dorr LLP, Jeffrey B. Rudman, Wilmer Cutler Pickering Hale and Dorr LLP, Boston, MA, for Defendants.
Michael F. Germano, Nicole Robbins Starr, Berman DeValerio Pease Tobacco Burt & Pucillo, Boston, MA, for Movants.
United States District Court, D. Massachusetts.
MEMORANDUM AND ORDER
WOODLOCK, District Judge.
The issue before me is whether a determination in state court shareholder derivative litigation—that the failure to make demand upon directors may not be excused—precludes different shareholder plaintiffs in a parallel federal derivative suit from relitigating the question of demand futility. I find that it does and accordingly will dismiss this case.
The plaintiffs, as shareholders...
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