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KOLANCIAN v. SNOWDEN

Civil Action No. 07-10351-RGS.

532 F.Supp.2d 260 (2008)

Shant KOLANCIAN, derivatively on behalf of Boston Communications Group, Inc., v. Edward H. SNOWDEN, Karen A. Walker, Paul J. Tobin, Frederick E. Von Mering, Brian E. Boyle, Gerald McGowan, Gerald Segal, James A. Dwyer, and Paul R. Gudonis, and Boston Communications Group, Inc.

United States District Court, D. Massachusetts.

January 25, 2008.

Attorney(s) appearing for the Case

Benny C. Goodman, III, John K. Grant, Travis E. Downs, III, Coughlin Stoia Geller Rudman & Robbins. LLP, San Diego, CA, Terence K. Ankner, The, Law Offices of Partridge, Ankner & Horstmann, LLP, Boston, MA, for Shant Kolancian.

MEMORANDUM AND ORDER ON DEFENDANTS' MOTION TO DISMISS

STEARNS, District Judge.

This derivative suit arises out of allegations of the unlawful back-dating of options to purchase shares of defendant Boston Communications Group, Inc. (BCGI). Defendants, who include former officers and directors of BCGI, have moved to dismiss the action for lack of standing. Specifically, they contend that an August 30, 2007 short form merger between BCGI and Megasoft...

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