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LUSK v. AKRADI

Civil No. 15-1911 (JRT/BRT).

MATTHEW LUSK and ST. CLAIR EMPLOYEES' RETIREMENT SYSTEM, individually and on behalf of all others similarly situated, Plaintiffs, v. BAHRAM AKRADI, GILES H. BATEMAN, JACK W. EUGSTER, GUY C. JACKSON, JOHN K. LLOYD, MARTHA A. MORFITT, JOHN B. RICHARDS, and JOSEPH S. VASSALLUZZO, Defendants.

United States District Court, D. Minnesota.

August 6, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER

Attorney(s) appearing for the Case

Matthew Lusk, Plaintiff, represented by Brant D. Penney , Reinhardt Wendorf & Blanchfield.

Matthew Lusk, Plaintiff, represented by Carl F. Engstrom , Nichols Kaster, PLLP, Christopher Chagas Gold , Robbins Geller Rudman & Dowd LLP, David T. Wissbroecker , Robbins Geller Rudman & Dowd LLP, pro hac vice, Garrett D. Blanchfield, Jr. , Reinhardt Wendorf & Blanchfield, Jacob A. Walker , Block & Leviton LLP, pro hac vice, James M. Ficaro , The Weiser Law Firm, P.C., pro hac vice, Jason M. Leviton , Block & Leviton LLP, pro hac vice, Jeffrey C. Block , Block & Leviton LLP, pro hac vice, Kai H. Richter , Nichols Kaster, PLLP & Stuart A. Davidson , Robbins Geller Rudman & Dowd, LLP, pro hac vice.

St. Clair Employees' Retirement System, Plaintiff, represented by Brant D. Penney , Reinhardt Wendorf & Blanchfield, Carl F. Engstrom , Nichols Kaster, PLLP, Christopher Chagas Martins , Robbins Geller Rudman & Dowd LLP, pro hac vice, David T. Wissbroecker , Robbins Geller Rudman & Dowd LLP, pro hac vice, Garrett D. Blanchfield, Jr. , Reinhardt Wendorf & Blanchfield, Jacob A. Walker , Block & Leviton LLP, pro hac vice, James M. Ficaro , The Weiser Law Firm, P.C., pro hac vice, Jason M. Leviton , Block & Leviton LLP, pro hac vice, Jeffrey C. Block , Block & Leviton LLP, pro hac vice, Kai H. Richter , Nichols Kaster, PLLP & Stuart A. Davidson , Robbins Geller Rudman & Dowd, LLP, pro hac vice.

Bahram Akradi, Defendant, represented by Caitlin L.D. Hull , Dorsey & Whitney LLP, James K. Nichols , Dorsey & Whitney LLP, Lincoln Loehrke , Dorsey & Whitney LLP & Thomas P. Swigert , Dorsey & Whitney LLP.

Giles H. Bateman, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

Jack W. Eugster, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

Guy C. Jackson, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

John K. Lloyd, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

Martha A. Morfitt, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

John B. Richards, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

Joseph S. Vassalluzzo, Defendant, represented by Cicely R. Miltich , Faegre Baker Daniels LLP, Justin P. Krypel , Faegre Baker Daniels LLP, Lauren W. Linderman , Faegre Baker Daniels, Matthew B. Kilby , Faegre Baker Daniels LLP & Wendy J. Wildung , Faegre Baker Daniels LLP.

Leonard Green & Partners L.P., Defendant, represented by Bret A. Puls , Fox Rothschild LLP, Carrie Baker Anderson , Fox Rothschild LLP, Ellie J. Barragry , Fox Rothschild LLP & Michele D. Johnson , Latham & Watkins LLP, pro hac vice.

TPG Capital, L.P., Defendant, represented by Bret A. Puls , Fox Rothschild LLP, Carrie Baker Anderson , Fox Rothschild LLP, Christopher G. Green , Ropes & Gray LLP, pro hac vice, Ellie J. Barragry , Fox Rothschild LLP & Martin J. Crisp , Ropes & Gray LLP, pro hac vice.

LKN Partners, Defendant, represented by Frank A. Taylor , Briggs & Morgan, PA, Matthew Solum , Kirkland & Ellis LLP, pro hac vice & Ross L. Weiner , Kirkland & Ellis LLP.

St. Clair County Employees' Retirement System, Movant, represented by Danielle S. Myers , Robbins Geller Rudman & Dowd LLP, pro hac vice, Garrett D. Blanchfield, Jr. , Reinhardt Wendorf & Blanchfield, Jason M. Leviton , Block & Leviton LLP, pro hac vice, Kai H. Richter , Nichols Kaster, PLLP & Stuart A. Davidson , Robbins Geller Rudman & Dowd, LLP, pro hac vice.

MEMORANDUM OPINION AND ORDER GRANTING DEFENDANTS' MOTIONS FOR JUDGMENT ON THE PLEADINGS

Plaintiffs Matthew Lusk and St. Clair Employees' Retirement System (collectively "Plaintiffs") are former shareholders of Life Time Fitness, Inc. ("Life Time"). Plaintiffs bring this action individually and as...

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