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AD HOC COMMITTEE OF EQUITY HOLDERS v. WOLFORD

Civil Action No. 06-665-GMS-MPT.

554 F.Supp.2d 538 (2008)

AD HOC COMMITTEE OF EQUITY HOLDERS OF TECTONIC NETWORK, INC., Plaintiff, v. Arol WOLFORD; Sherwin Krug; Charles McRoberts; John McRoberts; Charles Pecchio, Jr.; Laura Rogers; and Theo VanderBoom, Defendants.

United States District Court, D. Delaware.

May 21, 2008.

Attorney(s) appearing for the Case

Linda Richenderfer, Bifferato Gentilotti LLC, Joseph Kendall Koury, Bifferato Gentilotti Biden & Balick, Wilmington, DE, for Plaintiff.

Adam Wyatt Poff, Young, Conaway, Stargatt & Taylor, Wilmington, DE, for Defendants.

MEMORANDUM ORDER

MARY PAT THYNGE, United States Magistrate Judge.

I. INTRODUCTION

On October 27, 2006, the Ad Hoc Committee of Equity Holders of Tectonic Network, Inc. ("Ad Hoc Committee" or "the Committee") filed this action alleging its members suffered economic harm as the result of the purportedly improper conduct of certain former officers and directors of Tectonic Network, Inc. ("Tectonic Network").1 The conduct...

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