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NIKOLOUZAKIS v. EXINDA CORPORATION

C.A. No. 11-1261-LPS-MPT.

CON NIKOLOUZAKIS and CHRIS SIAKOS, Plaintiffs, v. EXINDA CORPORATION, GEORGE ROBERTS, ROBERT H. SCOTT, FIRAS RAOUF, SCOTT MAXWELL, and OPENVIEW VENTURES PARTNERS, Defendants.

United States District Court, D. Delaware.

August 7, 2012.

Attorney(s) appearing for the Case

Con Nikolouzakis, Plaintiff, represented by Kelly E. Farnan, Richards, Layton & Finger, PA.

Chris Siakos, Plaintiff, represented by Kelly E. Farnan, Richards, Layton & Finger, PA.

Exinda Corporation, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP, Christopher Queenin, Pro Hac Vice & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

George Roberts, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP, Adam Slutsky, Pro Hac Vice, Brenda R. Sharton, Pro Hac Vice & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

Robert H. Scott, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

Firas Raouf, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

Scott Maxwell, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

Openview Venture Partners, Defendant, represented by Kenneth J. Nachbar, Morris, Nichols, Arsht & Tunnell LLP & Shannon Elizabeth German, Morris, Nichols, Arsht & Tunnell LLP.

REPORT AND RECOMMENDATION

MARY PAT THYNGE, Magistrate Judge.

I. Introduction

Plaintiffs, Con Nikolouzakis ("Nikolouzakis") and Chris Siakos ("Siakos") (collectively, "Plaintiffs") brought this action against defendants, Exinda Corporation ("Exinda"), George Roberts ("Roberts"), Robert H. Scott ("Scott"), Scott Maxwell ("Maxwell"), Firas Raouf ("Raouf"), and OpenView Venture Partners ("OpenView") (Roberts, Scott, Maxwell,...

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