Schwartz v. Perseon Corp.
District Court, D. Delaware
1Opinion of the Court
MEMORANDUM OPINION
STARK, United States District Judge:
I. INTRODUCTION
Plaintiff Paul Schwartz (“Plaintiff’) filed this action pursuant to the Securities Ex*395change Act of 19341 and Delaware law alleging securities fraud, gross negligence, and breach of fiduciary duty. Plaintiff asserts his claims both directly (on behalf of himself) and derivatively (on behalf of Defendant Perseon Corporation). Plaintiff filed his Complaint on April 29, 2015. (D.I.l)
On June 30, 2015, Defendants Perseon Corporation (“BSD”), Timothy C. McQuay, Gerhard W. Sennewald, Michael Nobel, Douglas P. Boyd, Steven G.…
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