District Court, D. Delaware January 23, 2001, CIV. A. 00-528 GMS (Rosenberg v. XM Ventures)

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United States · · · 23-01-2001

*683

MEMORANDUM AND ORDER

SLEET, District Judge.

The plaintiff, Aron Rosenberg (“Rosenberg”) owns shares of stock of the defendant Motient Corporation (“Motient” or “the Company”). On June 5, 2000, Ro'sen-berg filed a shareholder derivative lawsuit against Motient and an entity known as XM Ventures (“XM”).

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