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ST. CLAIR SHORES GEN. EMPLOYEES RET. v. EIBELER

No. 06 Civ. 688(RJS).

745 F.Supp.2d 303 (2010)

ST. CLAIR SHORES GENERAL EMPLOYEES RETIREMENT SYSTEM, Plaintiff, v. Paul EIBELER, et al., Defendants.

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

September 8, 2010.

Attorney(s) appearing for the Case

James Sabella, Michael J. Barry, Sidney Liebesman, and Cynthia A. Calder, Grant & Eisenhofer P.A., New York, NY, for Plaintiff.

Claiborne Porter and Scott Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, and James Drew Miller, Clifford Chance US, LLP, New York, NY, for Defendant Paul Eibeler.

Andrew Hruska and Louisa Childs, King & Spalding LLP, New York, NY, for Defendants Todd Emmel and Mark Lewis.

Gandolfo DiBlasi and Stephen Ehrenberg, Sullivan and Cromwell, LLP, New York, NY, for Defendants Robert Flug and Steven Tisch.

Charles Stillman, Michael Grudberg, and Nathaniel Kolodny, Stillman, Friedman & Shechtman, P.C., New York, NY, for Defendant Oliver R. Grace, Jr.

Edward Spiro, Lawrence Iason, and Ellen Murphy, Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, P.C, New York, NY, for Defendant Ryan A. Brant.

Andrew Lawler, Andrew M. Lawler, P.C, New York, NY, for Defendant Karl Winters.

Ada Davis and Isaac Greaney, Sidley Austin LLP, New York, NY, for Defendant Jeffrey C. Lapin.

David Meister, Scott Musoff, and Clairborne Porter, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendant Richard Roedel.

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge.

Plaintiff St. Clair Shores General Employees Retirement System brings this action against Defendants, ten former officers and directors of Take-Two Interactive Software, Inc., for breaching their fiduciary duties under Delaware law by making material omissions and misstatements in Take-Two's 2001 to 2005 Proxy Statements and the accompanying Annual Reports. Plaintiff alleges that these failures to disclose...

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