Plaintiff John Moss (“Moss”) is the named plaintiff in a putative class-action arising out of a merger agreement entered on July 20, 2016, between Defendants Yadkin Financial Corporation (“Yadkin”) and F.N.B. Corporation (“FNB”), whereby FNB would purchase all of Yadkin’s outstanding stock. Moss, a Yadkin shareholder at the time of the transaction, brought direct and […]
Using a Rule 12(c) standard and assuming the facts in the Plaintiff’s complaint to be true, the Court construed the facts in Plaintiff’s favor. Zloop was an electronic-waste recycling business incorporated and run by Robert Boston (“Boston”) and Robert LaBarge (“LaBarge”). Zloop had originally retained McGuire Woods LLP (“McGuireWoods”) as corporate counsel for a securities […]
This case is a consolidation of five actions brought by students of Defendant Charlotte School of Law (“CSL”) before it closed. When this opinion was published on February 14, 2018, eighty-four cases had been assigned to the North Carolina Business Court, representing claims of 147 former CSL students. The Court accepted all uncontested facts to […]
Plaintiff Peter T. Loftin (“Loftin”) brought claims against several defendants in 2003, alleging that they were involved in creating and executing two tax schemes that were intended to offset taxes from approximately $30 million in capital gains that Loftin incurred due to the sale of his interest in a telecommunications company in 1997.