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GILSTRAP v. RADIANZ LTD.

No. 05 Civ. 7947(PKC).

443 F.Supp.2d 474 (2006)

Douglas GILSTRAP and Myron Tataryn, each on behalf of himself and all others similarly situated, Plaintiffs, v. RADIANZ LTD., Radianz Americas, Inc., Reuters Limited, Blaxmill (Six) Limited, Reuters C LLC, Reuters America LLC, and British Telecommunications plc, Defendants.

United States District Court, S.D. New York.

July 26, 2006.

Attorney(s) appearing for the Case

James T. Southwick, Stephen D. Susman, Stuart V. Kusin, Susman Godfrey LLP, Houston, TX, for Plaintiffs.

Richard A. Rothman, Weil, Gotshal & Manges LLP, New York, NY, for Defendants.

MEMORANDUM AND ORDER

CASTEL, District Judge.

Plaintiffs bring this action on their own behalf and on behalf of current or former employees of defendants Radianz Ltd. ("Radianz") and/or Radianz Americas, Inc. (collectively, the "Radianz Cos."), asserting claims relating to a stock option plan which governed the plaintiffs' rights to acquire shares in Radianz (the "Plan"). Plaintiffs contend, among other things, that the Radianz Cos. breached their...

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