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IN RE SAIC INC. DERIVATIVE LITIGATION

No. 12 Civ. 2437(JPO).

948 F.Supp.2d 366 (2013)

In re SAIC INC. DERIVATIVE LITIGATION.

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

June 10, 2013.

Attorney(s) appearing for the Case

Elizabeth Mary Gonsiorowski, Ex Kanos S. Sams, II, Lionel Z. Glancy, Robert Vincent Prongay, Glancy Binkow & Goldberg, LLP, Los Angeles, CA, Brett D. Stecker, Jeffrey J. Ciarlanto, Harwood Feffer LLP, Brian Philip Murray, Bridget Veronica Hamill, Murray Frank LLP, New York, NY, David M. Promisloff, Kessler Topaz Meltzer & Check, LLP, Radnor, PA, Gregory Bradley Linkh, Glancy Binkow & Goldberg LLP, New York, NY, James M. Ficaro, The Weiser Law Firm, P.C., Berwyn, PA, Robert Weiser, The Weisler Law Firm, Wayne, PA, for Plaintiffs.

Warren Neil Eggleston, Beth Ann Williams, Kirkland & Ellis LLP, Washington, DC, Mark Robert Filip, Kirkland & Ellis LLP, Chicago, IL, for Defendants.

MEMORANDUM AND ORDER

J. PAUL OETKEN, District Judge.

In this shareholder derivative suit, Plaintiffs allege that a majority of the Board of Directors of SAIC, Inc. was on actual or constructive notice of significant wrongdoing in relation to the lucrative contract for a program called CityTime, but nonetheless consciously ignored or perpetuated that wrongdoing. Plaintiffs further allege various claims arising from SAIC's handling of the CityTime program...

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