Mindspirit, LLC v. Evalueserve Ltd.
District Court, S.D. Illinois
1Opinion of the Court
Paul G. Gardephe, United States District Judge
In this action, Mindspirit, LLC, and its two members - Malvika Kumar and Rosewood Partners - allege that Defendant Evalueserve Ltd. breached an agreement to issue 480,000 Evalueserve stock options to Mindspirit. According to Plaintiffs, although Evalueserve issued these options to Mindspirit in April 2001, it later breached the parties' agreement by wrongfully re-issuing these stock options in the names of Rajat Gupta and Anil Kumar, non-parties to this action. (See Am. Cmplt. (Dkt. No. 19) ¶¶ 20, 49, 61, 64-70, 109-113)
As a result of this Court's…
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