Problem
Gator Amusements, Inc., ("Gator") is a for profit corporation formed under the laws of the State of Blue. Gator's articles of incorporation provide that Gator may engage in "any lawful business activity. " Gator operates outdoor amusement parks and other "family friendly" amusement facilities in several states. Last year, legislation was introduced in the State of Blue which would legalize casino gambling. At that time, Chuck Chairman, Chairman of the Board of Gator, decided to study the possibility of Gator becoming the operator of a casino in Blue. Chairman asked Doug Director, who was on the Gator Board of Directors, to head up a feasibility study. Soon thereafter, Director submitted a report to Chairman recommending that Gator begin laying the ground work for building a casino. After reading the report,
Chairman instructed Director to look for a casino site. Within weeks Director found what he thought was a suitable site and informed Chairman; Chairman instructed Director to buy the land. Director then began a long period of negotiation with the land owner. During his visits to the potential casino site, Director noticed that the soil on the site was rich in potassium nitrate phosphate crystals. Director, a chemical engineer by training, knew that the presence of such crystals could mean only one thing - oil. Director did not tell anyone about what he found. While Director was negotiating the purchase of the land on behalf of Gator, the state legislature voted down the gambling legislation. Chairman called Director and told him "the land deal is off, Gator isn't in the casino business." Director, practically smelling money, bought the land himself. Soon thereafter, Director had wells on the land pumping oil.
Task
Discuss what cause(s) of action, if any, Gator may have against Director.