Tyco Directors Seek Dismissal Of Pre-Tellabs Claims

Law360 (August 17, 2007, 12:00 AM EDT) -- Four former Tyco International Ltd. directors have asserted that the Supreme Court's Tellabs decision mandates dismissal of several of a group of New Jersey plaintiffs' securities claims, which a judge failed to dismiss a mere ten days before Tellabs was decided.

Four outside, non-management former Tyco directors filed a motion for reconsideration of the judge's order granting in part and denying in part their earlier motions to dismiss Thursday in the U.S. District Court for the District of New Hampshire.

Though Judge Paul Barbadoro dismissed most...
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