Legal Opinion
Southport Lane Equity II, LLC v. Downey
District Court, D. Nevada
Decided April 1, 2016No. 3:15-cv-0335-RCJ-VPCPublishedCited by 10 opinions
1Opinion of the Court
ORDER
ROBERT C. JONES, United States District Judge
This case is a derivative shareholder suit arising out of several transactions made by a company’s board of directors. Plaintiff Southport Lane Equity II, LLC makes five claims — direct and derivative — against directors and officers of Nominal Defendant Massive Interactive, Inc. Pending before the Court are five Motions to Dismiss, each filed by one or more of the eight Defendants (ECF Nos. 19, 28, 29, 30, 31).
I. FACTS AND PROCEDURAL HISTORY
Plaintiff Southport Lane Equity II, LLC (“Southport”) is suing individually and derivatively on behalf…
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