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IN RE SONUS NETWORKS, INC.

No. 06-1937.

499 F.3d 47 (2007)

In re SONUS NETWORKS, INC, Shareholder Derivative Litigation. Michael Pisnoy; Michelle Burke, Derivatively on behalf of Sonus Networks, Inc., a Delaware Corporation; Daniel Williams, Plaintiffs-Appellants, v. Hassan M. Ahmed; Stephen J. Nill; Edward T. Anderson; Paul J. Ferri; Paul J. Severino; Sonus Networks, Inc.; Albert A. Notini; J. Michael O'Hara; Edward N. Harris; Paul R. Jones; Rubin Gruber, Defendants-Appellees.

United States Court of Appeals, First Circuit.

Decided August 16, 2007.

Attorney(s) appearing for the Case

Willem F. Jonckheer, with whom Robert C. Schubert, Juden Justice Reed, Schubert & Reed LLP, Douglas M. Brooks, John Martland, and Gilman and Pastor, LLP, were on brief for appellants.

Daniel W. Halston, with whom Jeffrey B. Rudman, Peter A. Spaeth, Melissa B. Coffey, Wilmer Cutler Pickering Hale And Dorr LLP, Thomas J. Dougherty, Matthew J. Matule, Skadden, Arps, Slate, Meagher & Flom LLP, Robert S. Frank, Jr., John R. Baraniak, Jr., Choate Hall & Stewart LLP, and John D. Hughes, Edwards Angell Palmer & Dodge LLP, were on brief for appellees.

Before TORRUELLA, Circuit Judge, JOHN R. GIBSON, Senior Circuit Judge and LIPEZ, Circuit Judge.

JOHN R. GIBSON, Circuit Judge.

Michael Pisnoy, Michelle Burke, and Daniel Williams, suing derivatively on behalf of Sonus Networks, Inc., appeal from the district court's order dismissing their suit on the basis of issue preclusion. In re Sonus Networks, Inc., S'holder Derivative Litig., 422 F.Supp.2d 281 (D.Mass.2006). They contend that the dismissal of an earlier derivative suit in Massachusetts state court for failure...

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