Legal Opinion

St. Clair Shores General Employees Retirement System v. Eibeler

District Court, S.D. New York

Decided September 8, 2010No. 06 Civ. 688(RJS)PublishedCited by 12 opinions

1Opinion of the Court

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge.

Plaintiff St. Clair Shores General Employees Retirement System brings this action against Defendants, ten former officers and directors of Take-Two Interactive Software, Inc., for breaching their fiduciary duties under Delaware law by making material omissions and misstatements in Take-Two’s 2001 to 2005 Proxy Statements and the accompanying Annual Reports. Plaintiff alleges that these failures to disclose led Take-Two’s shareholders to approve some 9.3 million additional shares for the company’s stock option plans, which, once issued,…

2Cases cited22 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. McCarthy v. Dun & Bradstreet Corp.Court of Appeals for the Second Circuit · 2007
  4. Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
  5. Edward E. Lucente, Plaintiff-Appellee-Cross-Appellant v. International Business MacHines Corporation, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2002

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3Cited by12 opinions

  1. Ahluwalia v. St. George's University, LLCDistrict Court, E.D. New York · 2014
  2. In re Saic Inc. Derivative LitigationDistrict Court, S.D. New York · 2013
  3. Barnett v. Countrywide Bank, FSBDistrict Court, E.D. New York · 2014
  4. Fouche v. St. Charles HospitalDistrict Court, E.D. New York · 2014
  5. Eli Wilamowsky v. Take-two Interactive Software, Inc.District Court, S.D. New York · 2011

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