By Jerry Carter. In September 2012, we wrote about a Washoe County Business Court Order dismissing a shareholder derivative lawsuit against officers and directors of International Game Technology (“IGT”). The Court granted the plaintiff leave to amend the complaint. Now the amended complaint has been dismissed as well. See Order Dated January 9, 2013.
The Business Court found that “plaintiff has failed to plead with sufficient particularity a wrongful refusal or a breach of fiduciary duty by defendants.” The Court also struck the plaintiff’s jury demand. The Order said nothing about leave to file an amended complaint.