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BILLARD v. ANGRICK

Civil Action No. 16-1612(BAH).

220 F.Supp.3d 132 (2016)

Thomas BILLARD, derivatively and on behalf of Liquidity Services, Inc., Plaintiff, v. William P. ANGRICK, III et al., Defendants.

United States District Court, District of Columbia.

Signed December 15, 2016.

Editors Note
Applicable Law: 15 U.S.C. § 78j(b)
Cause: 15 U.S.C. § 78j(b) Stockholder Suit
Nature of Suit: 160 Stockholders Suits
Source: PACER

Attorney(s) appearing for the Case

Daniel Tepper , Gloria Kui Melwani , Peter C. Harrar , Wolf, Haldenstein, Adler, Freeman & Herz LLP, Miranda S. Shiller , Weil, Gotshal & Manges, LLP, New York, NY, Elizabeth K. Tripodi , Levi & Korsinsky LLP, Washington, DC, for Plaintiff.

David P. Byeff , Irwin H. Warren , Matthew S. Connors , Miranda S. Shiller , Weil, Gotshal & Manges, LLP, New York, NY, Peter Dean Isakoff , Weil, Gotshal & Manges LLP, Washington, DC, for Defendants.

MEMORANDUM OPINION

The plaintiff Thomas Billard, a shareholder of Liquidity Services, Inc. ("LSI"), has filed this derivative action, on behalf of LSI, against ten current and former LSI board members and officers, asserting claims of breach of fiduciary duty, waste of corporate assets...

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