Legal Opinion
Kolancian v. Snowden
District Court, D. Massachusetts
Decided January 25, 2008No. Civil Action 07-10351-RGSPublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM AND ORDER ON DEFENDANTS’ MOTION TO DISMISS
STEARNS, District Judge.
This derivative suit arises out of allegations of the unlawful back-dating of options to purchase shares of defendant Boston Communications Group, Inc. (BCGI). Defendants, who include former officers and directors of BCGI, have moved to dismiss the action for lack of standing. Specifically, they contend that an August 30, 2007 short form merger between BCGI and Megasoft, Ltd. (Megasoft) extinguished any ownership interest held in BCGI by plaintiff Shant Kolancian. 1
DISCUSSION
Defendants’ motion challenging Kolancian’s…
2Cases cited12 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Gonzalez v. United StatesCourt of Appeals for the First Circuit · 2002
- Lewis v. AndersonSupreme Court of Delaware · 1984
- Dynamic Image Technologies, Inc. v. United StatesCourt of Appeals for the First Circuit · 2000
- Cargill, Inc. v. Beaver Coal & Oil Co.Massachusetts Supreme Judicial Court · 1997
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3Cited by6 opinions
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- Michalski v. MIB Group Inc.District Court, D. Massachusetts · 2025
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