Natale v. Espy Corp.

MEMORANDUM AND ORDER REGARDING DEFENDANTS’ MOTION TO DISMISS OR, IN THE ALTERNATIVE, TO TRANSFER VENUE

PONSOR, District Judge.

I. INTRODUCTION

Plaintiff, administratrix of her deceased husband’s estate, brought suit against Defendants for, inter alia, diluting the value of the estate’s stock in Defendant Espy Corporation (“Espy”). Defendants are Mark E. Smith, a resident of Texas and President and Treasurer of Espy; Thomas W. Potthast, Jr., a resident of Florida and Vice-President of Espy; Whitney E. Harris, a resident of Texas and Secretary of Espy; and Espy, a closely held S-corporation…