District Court, S.D. Texas August 24, 2007, No. MDL-1446; Civil Action Nos. H-01-3624, H-02-4788 (COORDINATED) (Newby v. Enron Corp.)

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OPINION AND ORDER

MELINDA HARMON, District Judge.

Pending before the Court in the above referenced cause, transferred to this Court from the Southern District of Ohio by the Judicial Panel on Multidistrict Litigation for coordinated or consolidated pretrial proceedings in MDL 1446, is the Outside Directors’1 motion to dismiss with prejudice the Amended Complaint and conditional motion to