Legal Opinion

Kimbrell v. Roberts

Court of Appeals of North Carolina

Decided September 18, 2007No. COA06-1110PublishedCited by 6 opinions

1Opinion of the Court

McGEE, Judge.

W. Duke Kimbrell (Plaintiff) filed a complaint on 27 October 2003 against Diane C. Roberts (Defendant), and her husband, F.C. Roberts, Jr. (Mr. Roberts), who is not a party to this appeal, alleging that Defendant and Mr. Roberts were principals or insiders of Acme Services, Inc. (Acme Services) in Gastonia, North Carolina. Plaintiff entered into a stock and debenture purchase agreement (the purchase agreement) with Acme Services on 2 October 1992, whereby Plaintiff purchased 57,652 shares of Series C stock (the stock) from Acme Services for $220,230.64.

Plaintiff also purchased a…

2Cases cited15 opinions

  1. Worthington v. BynumSupreme Court of North Carolina · 1982
  2. Great American Insurance v. C. G. Tate Construction Co.Supreme Court of North Carolina · 1981
  3. International Paper Co. v. Corporex Constructors, Inc.Court of Appeals of North Carolina · 1989
  4. Glover v. First Union National Bank of North CarolinaCourt of Appeals of North Carolina · 1993
  5. St. Paul Fire & Marine Insurance v. Freeman-White Associates, Inc.Supreme Court of North Carolina · 1988

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3Cited by6 opinions

  1. State v. NewellCourt of Appeals of North Carolina · 2008
  2. Telerent Leasing Corp. v. BoazizCourt of Appeals of North Carolina · 2009
  3. Carolina Pole, Inc. v. Firstenergy Corp.Court of Appeals of North Carolina · 2009
  4. Kimbrell v. RobertsSupreme Court of North Carolina · 2007
  5. Kincaid v. Wells Fargo Securities, L.L.C.District Court, N.D. Oklahoma · 2012

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