WTM, INC. v. Henneck

MEMORANDUM OPINION AND ORDER

ALESIA, District Judge.

Before the court is defendants’ motion to dismiss counts III and IV and to strike certain paragraphs of plaintiffs’ second amended complaint. For the following reasons, the court grants in part and denies in part defendants’ motion.

I. BACKGROUND

Plaintiffs WTM, Incorporated (“WTM”) and Pentair, Incorporated (“Pentair”) (collectively “plaintiffs”) bring this action against defendants William J. Henneck, Jr. (“Henneck”) and Ernest C. Payne (“Payne”) (collectively “defendants”). Pentair is a publicly traded company which manufactures and sells…