In Re Arthur Andersen LLP

OPINION

WANDA McKEE FOWLER, Justice.

I. INTRODUCTION

This case relates to the financial demise of Enron Corporation. In August of 1999, Ken Lay, President and CEO of Enron Corporation, visited the City of Brenham, Texas in Washington County. The purpose of his visit was to speak to the Washington County Chamber of Commerce at its annual dinner and tout Enron as a savvy investment. This visit was widely publicized in and around Brenham, both by the newspapers and radio. The Plaintiffs, 1 all potential investors in Enron, either attended the meeting and heard Lay tell what a great investment Enron…