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HAITH EX REL. ACCRETIVE HEALTH, INC. v. BRONFMAN

Nos. 12 C 6781, 12 C 6798.

928 F.Supp.2d 964 (2013)

Robert HAITH, derivatively on behalf of ACCRETIVE HEALTH, INC., Plaintiff, v. Edgar M. BRONFMAN Jr., J. Michael Cline, Steven N. Kaplan, Stanley N. Logan, Denis J. Nayden, Arthur H. Spiegel III, Mary A. Tolan, John T. Staton, and Mark A. Wolfson, and Accretive Health, Inc., nominal defendant, Defendants. Jeffrey Goodwin, derivatively on behalf of Accretive Health, Inc., Plaintiff, v. Edgar M. Bronfman Jr., J. Michael Cline, Steven N. Kaplan, Stanley N. Logan, Denis J. Nayden, George P. Shultz, Arthur H. Spiegel III, Mary A. Tolan, Mark A. Wolfson, and John T. Staton, and Accretive Health, Inc., nominal defendant, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

March 1, 2013.

Attorney(s) appearing for the Case

James T. Crotty, James T. Crotty & Associates, Chicago, IL, William B. Federman, Federman & Sherwood, Oklahoma City, OK, for Plaintiff.

Adam T. Humann, Andrew B. Clubok, Melody Wells, Kirkland & Ellis LLP, Moses Silverman, Thomas B. Sullivan, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Leonid Feller, Kirkland & Ellis LLP, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

GARY FEINERMAN, District Judge.

Plaintiffs Robert Haith and Jeffrey Goodwin brought these state law shareholder derivative actions on behalf of Accretive Health, Inc., a Delaware corporation, in the Circuit Court of Cook County, Illinois. Doc. 1-1 (12 C 6781); Doc. 1-1 (12 C 6798). Although the suits have not been consolidated, they are materially identical for purposes of this opinion. The individual defendants, who are...

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