In Re Maxim Integrated Products, Inc., Deriv. Lit.

ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS’ MOTIONS TO DISMISS; DENYING PLAINTIFF’S MOTION TO STAY DISCOVERY

JAMES WARE, District Judge.

I. INTRODUCTION

This is a shareholders’ derivative action brought on behalf of Nominal Defendant Maxim Integrated Products, Inc. (“Maxim” or the “Company”) against current and former officers and directors of the Company (collectively, “Individual Defendants”) 1 for, inter alia, alleged violations of §§ 10(b), 14(a), and 20(a) of the Securities Exchange Act. Plaintiffs 2 allege that the Individual Defendants engaged in a scheme to manipulate stock…