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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND JOHN G. ARGIROPOULOS, on his own behalf and on behalf of Club 10, Inc. v. GEORGE KOPP, et al. : : : : : : Civil Action No. CCB-06-0769 : : ...o0o...

MEMORANDUM Plaintiff John Argiropoulos claims damages on his own behalf, and on behalf of Club 10, Inc. ("Club 10") in this action filed against defendants George and Jennifer Kopp, Joshua Katz, Aleksey Kofman, Francine and Larry Bledsoe, and Club 10. Specifically, Argiropoulos claims that the defendants breached contracts, made fraudulent representations, breached the duty of loyalty owed to Club 10's shareholders, and were grossly negligent in the management of Club 10. Katz and Club 10 counterclaimed against Argiropoulos for breach of fiduciary duty. Now pending are defendants' motions to dismiss Counts Seven through Twenty. The parties have fully briefed the motion and no hearing is necessary. See Local Rule 105.6. For the reasons that follow, I will grant the defendants' motions to dismiss Counts Seven through Twenty.

BACKGROUND Club 10 was incorporated in 2002 in the state of Maryland. (Second Am. Compl. at

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Maryland Law