First Community Bank, N.A. v. First Tennessee Bank, N.A.
Tennessee Supreme Court
1Opinion of the Court 1
OPINION
2Opinion of the Court · BivinsJeffrey S. Bivins, J.
Wade, and Holly Kirby, JJ., joined.
First Community Bank, N.A. (“Plaintiff’), brought suit against multiple defendants for fraud, constructive fraud, negligent misrepresentation, civil conspiracy, unjust enrichment, and violation of the Tennessee Securities Act, pursuant to Tennessee Code Annotated sections 48-1-101-126. Three non-resident defendants, The McGraw-Hill Companies, Inc., Moody’s *377Investors Service, Inc., and Fitch, Inc. (“Ratings Agencies”), filed motions to dismiss based on lack of personal jurisdiction and failure to state a claim, which the trial court granted. The Court…
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