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SOMMERS EX REL. FLIR SYSTEMS, INC. v. LEWIS

No. CV 07-1142-MO.

641 F.Supp.2d 1151 (2009)

Kathleen Edith SOMMERS, derivatively on behalf of FLIR SYSTEMS, INC., Plaintiff, v. Earl R. LEWIS et al., Defendants.

United States District Court, D. Oregon.

As Amended April 8, 2009.

Attorney(s) appearing for the Case

Denis F. Sheils, Kohn, Swift & Graf, PC, Philadelphia, PA, Felipe J. Arroyo, Shane P. Sanders, Jeffrey P. Fink, Robbins Umeda LLP, San Diego, CA, Gary I. Grenley, Paul H. Trinchero, Grenley Rotenberg Evans Bragg & Bodie PC, Portland, OR, for Plaintiff.

Lois O. Rosenbaum, Brad S. Daniels, Stoel Rives, LLP, Carl R. Neil, Lindsay Hart Neil & Weigler, LLP, Peter H. Glade, Markowitz Herbold Glade & Mehlhaf, PC, Katherine R. Heekin, The Heekin Law Firm, William F. Martson, Jr., Paul W. Conable, Robyn R. Aoyagi, Tonkon Torp LLP, Julie Engbloom, Milo Petranovich, Lane Powell, PC, James M. Barrett, Steven K. Blackhurst, After Wynne, LLP, Portland, OR, for Defendants.

OPINION

MOSMAN, District Judge.

Kathleen Sommers brought suit derivatively on behalf of FLIR Systems, Inc., ("FLIR") against the company's current board of directors and several other current and former directors, officers, and stock option recipients. She alleges they illegally backdated stock options, creating unlawful profits for the options recipients and forcing the company to expend resources in investigating and restating its financials after the...

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