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LINGIS v. MOTOROLA, INC.

No. 03 C 5044.

649 F.Supp.2d 861 (2009)

Stephen G. LINGIS, Donald L. Smith and Peter D. White, on behalf of Themselves and a Class of Person Similarly Situated, Plaintiffs-Intervenors, v. MOTOROLA, INC., David Devonshire, the Profit Sharing Committee of Motorola, Inc., Rick Dorazil, Christopher B. Galvin, Robert L. Growney, Ronnie C. Chan, H. Laurance Fuller, Anne P. Jones, Donald R. Jones, Judy C. Lewent, Walter E. Massey, Nicholas Negroponte, John E. Pepper, Jr., Samuel C. Scott III, Gary I. Tooker, B. Kenneth West, John A. White and Carl L. Koenemann, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

June 17, 2009.

Attorney(s) appearing for the Case

Edwin J. Mills, Stull, Stull & Brody, New York, NY, for Plaintiffs-Intervenors.

Ada W. Dolph, Brian William Barrett, Brian M. Stolzenbach, Camille Annette Olson, Ian H. Morrison, Timothy F. Haley, Alissa L. Gilfand, James Stephen Poor, Seyfarth Shaw LLP, Chicago, IL, Emily M. Pasquinelli, John C. Massaro, Sarah Kotler, Stephen M. Sacks, Arnold & Porter, Washington, DC, John T. Murray, Seyfarth Shaw Fairweather & Geraldson, Atlanta, GA, for Defendants.

MEMORANDUM OPINION AND ORDER

REBECCA R. PALLMEYER, District Judge.

Defendant Motorola, Inc. is a Fortune 100 telecommunications company that sells products ranging from cell phones and digital video recorders to broadband network infrastructure. During the technology boom of the 1990s, Motorola's stock price increased ten-fold, as the company expanded both nationally and globally. In the late 1990s, a Motorola affiliate entered into an agreement with...

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