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IBEW LOCAL 98 PENSION FUND v. BEST BUY CO., INC.

Civil No. 11-429 (DWF/FLN).

IBEW Local 98 Pension Fund, Marian Haynes, and Rene LeBlanc, individually and on behalf of all others similarly situated, Plaintiffs, v. BEST BUY CO., INC.; Brian J. Dunn; Jim Muehlbauer; and Mike Vitelli, Defendants.

United States District Court, D. Minnesota.

March 20, 2012.

Attorney(s) appearing for the Case

Clayton D. Halunen, Esq. , and Shawn J. Wanta, Esq. , Halunen & Associates; Daniel J. Pfefferbaum, Esq. , and Shawn A. Williams, Esq. , Robbins Geller Rudman & Dowd LLP; and Vernon J. Vander Weide, Esq. , Lockridge Grindal Nauen PLLP, counsel for Plaintiffs IBEW Local 98 Pension Fund and Marion Haynes, Lead Plaintiff.

Clayton D. Halunen, Esq. , and Shawn J. Wanta, Esq. , Halunen & Associates; D. Seamus Kaskela, Esq. , and David M. Promisloff, Esq. , Barroway Topaz Kessler Meltzer & Check, LLP; and Garrett D. Blanchfield, Jr., Esq. , Reinhardt Wendorf & Blanchfield, counsel for Plaintiff Rene LeBlanc, individually and on behalf of all others similarly situated.

Amelia N. Jadoo, Esq. , David W. Beehler, Esq. , Michael V. Ciresi, Esq. , and Sara A. Poulos, Esq. , Robins Kaplan Miller & Ciresi LLP, counsel for Defendants

MEMORANDUM OPINION AND ORDER

DONOVAN W. FRANK, District Judge.

INTRODUCTION

This matter is before the Court on Defendants' Motion to Dismiss Plaintiffs' Amended Complaint (Doc. No. 27). For the reasons set forth below, the Court grants the motion.

BACKGROUND

Defendant Best Buy Co., Inc. ("Best Buy" or the "Company") is a leading retailer of consumer electronics in the United States, headquartered in Richfield, Minnesota. (Am....

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