U.S. Capital Funding VI, Ltd. v. Patterson Bankshares, Inc.
District Court, S.D. Georgia
1Opinion of the Court
ORDER
LISA GODBEY WOOD, CHIEF judge, UNITED STATES DISTRICT COURT, SOUTHERN DISTRICT OF GEORGIA
In this action, Plaintiff U.S. Capital Funding VI, Ltd. (“Plaintiff’), the beneficiary of certain trust preferred securities (“TruPS”), brings claims against the issuer of those securities, Patterson Bankshares, Inc. (“PBI”), and several related parties. Specifically, Plaintiff names the following as Defendants in this case: PBI; First Southern Bank (the “Bank”); J.P. Barnard, Jr., William Hughes, and Ronald Thomas (“Barnard,” “Hughes,” and “Thomas,” or, collectively, • the “Director Defendants”); *1347Com…
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