Hulliung v. Bolen
District Court, N.D. Texas
1Opinion of the Court
ORDER
DAVID C. GODBEY, District Judge.
This Order addresses Defendants David E. Bolen, Jack E. Bush, Richard E. Han-lon, Kristin L. Magnuson, Richard C. Marcus, Donald R. Miller, Jr., Liz Minyard, R. Don Morris, R. Michael Rouleau, Cece Smith, Charles J. Wyly, Jr., Sam Wyly, and Michaels Stores, Inc.’s (“Michaels”) motion to dismiss [41]. For the reasons given below, the Court grants Defendants’ motion.
I. Factual Background
This case is a consolidation of three derivative class actions brought on behalf of Michaels following allegations that the company granted backdated stock options to various…
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