Employees Retirement System of Texas v. Putnam, LLC

ON REHEARING

DIANE M. HENSON, Justice.

We withdraw our opinion dated July 15, 2009, and substitute the following in its place. The Employees Retirement System of Texas (“ERS”) brought suit against appellees Putnam, LLC, d/b/a Putnam Investments; Putnam Investment Management, LLC (“PIM”); and Putnam Advisory Company, LLC (“PAC”) for fraud, fraudulent inducement, breach of contract, negligent misrepresentation, and tortious interference with prospective business relations. 1 The trial court disposed of ERS’s claims by granting a series of summary-judgment motions, ultimately ruling that ERS take…