In Re iBasis, Inc. Derivative Litigation
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER
DOUGLAS P. WOODLOCK, District Judge.
At issue in this litigation are allegations of grant date manipulation in the award of stock options to current and former directors and employees of iBasis, Inc. (“iBasis” or the “Company”). David Shut-vet and Victor Malozi (the “Plaintiffs”) are shareholders of iBasis. Each filed a shareholder derivative action on behalf of the Company, and the actions were consolidated into a case against twenty of the Company’s current and former directors and officers (the “Defendants”). The Plaintiffs allege violations of Section 14(a) of the…
2Cases cited17 opinions
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- Alexander v. SandovalSupreme Court of the United States · 2001
- Valerie Watterson v. Eileen PageCourt of Appeals for the First Circuit · 1993
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Rodriguez-Bruno v. Doral MortgageCourt of Appeals for the First Circuit · 1995
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- Abrams v. Ciba Specialty Chemicals Corp.District Court, S.D. Alabama · 2009
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