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GIBBONS v. MALONE

No. 10 CV 8640(BSJ).

801 F.Supp.2d 243 (2011)

Michael D. GIBBONS, Plaintiff, v. John C. MALONE and Discovery Communications, Inc., Defendants.

United States District Court, S.D. New York.

August 8, 2011.

Attorney(s) appearing for the Case

Charles Joseph Hyland , Hyland Law Firm LLC, Overland Park, KS, Daniel Eugene Doherty , Law Offices of Daniel E. Doherty, Overland Park, KS, for Plaintiff.

Seth T. Taube , Baker Botts LLP, New York, NY, for Defendants.

Memorandum & Order

BARBARA S. JONES, District Judge.

Plaintiff Michael Gibbons ("Gibbons") brings suit under Section 16(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78p(b), against John Malone ("Malone") and Discovery Communications, Inc. ("Discovery"). Plaintiff, a shareholder of Discovery, alleges that Malone, then a director of Discovery, engaged in insider trading through transactions in Discovery's common stock between December...

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