Altrust Financial Services, Inc. v. Adams

BOLIN, Justice.

James R. Adams, Stanley Dye, and Ed Holcombe (collectively referred to as “the plaintiffs”), individual shareholders in Al-trust Financial Services, Inc. (“Altrust”), sued Altrust; Peoples Bank of Alabama (“the Bank”); J. Robin Cummings, Whit Drake, N. Jasper Estes, Cecil Alan Walker, Terry Neal Walker, Timothy Dudley Walker, and Brian C. Witcher (“the individual defendants”)1 (Altrust, the Bank, and the individual defendants will be referred to collectively as “the Altrust defendants”); and Dixon Hughes, PLLC, Al-trust’s and the Bank’s public-accounting firm, on December 4,…