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  5. 100 F.Supp.2d 404 (2000)
 

LOFTON v. TURBINE DESIGN, INC.

Nos. CIV.A.3:99CV084-B-A, 3:99CV085-B-A, 3:99CV086-B-A, 2:99CV213-B-A.

100 F.Supp.2d 404 (2000)

James M. LOFTON, Plaintiff, v. TURBINE DESIGN, INC., a Florida corporation, Douglas Karlsen, individually Defendants Robert E. Lamb, Plaintiff, v. Turbine Design, Inc., et al., Defendants, Phoenix Corporation, Plaintiff, v. Turbine Design, Inc., et al., Defendants, Dr. Robert C. Lee, Plaintiff. v. Turbine Design, Inc., et al., Defendants.

United States District Court, N.D. Mississippi, Western Division.

March 29, 2000.

Attorney(s) appearing for the Case

Robert Taylor Witthauer, Petkoff & Lancaster, Memphis, TN, Donald R. Andersen, John A. Howard, Meredith Hudmon Ragains, Smith Howard & AJAX, Atlanta, GA, for Robert C. Lee, Dr., plaintiffs.

Thomas A. Wicker, Holland, Ray & Up-church, Tupelo, Martin A. Pedata, Martin A. Pedata, Attorney, St. Petersburg, FL, for Turbine Design, Inc., a Florida Corporation, Douglas K. Karlsen, Individually, defendants.

MEMORANDUM OPINION

BIGGERS, District Judge.

These causes come before the court upon the defendants' motions to dismiss and supplemental motions to dismiss. Upon due consideration of the parties' memoranda and responses thereto, the court is ready to rule.

FACTS

The plaintiffs, Lofton, Lamb and Lee, are three of the four original shareholders of Phoenix Corporation, a Mississippi corporation, which is primarily in the business of...

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