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pa-1262301
DARRYL P. RAINS (Pro Hac Vice)
DRains@mofo.com
ERIK J. OLSON (Pro Hac Vice)
OLGA A. TKACHENKO (Pro Hac Vice)
MORRISON & FOERSTER LLP
755 Page Mill Road
Palo Alto, California 94304-1018
Telephone: 650.813.5600
Facsimile: 650.494.0792
JAMES J. PISANELLI (SBN 4027)
jpisanelli@bhfs.com
BROWNSTEIN HYATT FARBER SCHRECK LLP
100 City Parkway, Suite 1600
Las Vegas, Nevada 89106
Telephone: 702.382.2101
Facsimile: 702.382.8135
Attorneys for Individual Defendants Scott H. Betts, Robert
Cucinotta, Fred C. Enlow, Charles J. Fitzgerald, Harry C.
Hagerty III, William H. Harris, Geoff Judge, E. Miles Kilburn,
Walter G. Kortschak, Karim Maskatiya, and Kirk Sanford
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEVADA
IN RE GLOBAL CASH ACCESS HOLDINGS,
INC. DERIVATIVE LITIGATION
This Document Relates to:
ALL ACTIONS.
Lead Case No. 2:07-cv-01659-JCM-PAL
INDIVIDUAL DEFENDANTS’
MOTION TO DISMISS
CONSOLIDATED COMPLAINT FOR
FAILURE TO STATE A CLAIM
ORAL ARGUMENT REQUESTED
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TABLE OF CONTENTS
Page
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pa-1262301
INTRODUCTION .......................................................................................................................... 1
FACTUAL AND PROCEDURAL BACKGROUND.................................................................... 2
ARGUMENT .................................................................................................................................. 4
I.
THE BUSINESS JUDGMENT RULE AND RULE 9(b) OBLIGATE
PLAINTIFFS TO PLEAD SPECIFIC FACTS AGAINST EACH INDIVIDUAL
DEFENDANT..................................................................................................................... 4
A.
Specific Pleading Is Required To Overcome The Business Judgment Rule .......... 4
B.
Rule 9(b) Also Applies A