Bailey v. TRENAM SIMMONS, KEMKER, SCHARF, BARKIN

ORDER

K. MICHAEL MOORE, District Judge.

THIS CAUSE came before the Court upon the parties’ Cross-Motions for Summary Judgment. (Docket Nos. 549 and 551).

STATEMENT OF THE CASE

This action arises from Plaintiffs’ failed 1986 investments in Freedom Savings and Loan Association (“Freedom”). Defendant (“Trenam”) is a law firm that represented Freedom as general legal counsel during the time in which actions giving rise to this ease allegedly occurred. In their Fourth Amended Complaint (“Complaint”), Plaintiffs claim that Defendant made false statements of fact and omitted material facts in connection…