Kansas Public Employees Retirement System v. Reimer & Koger Associates, Inc.

The opinion of the court was delivered by

Davis, J.:

On December 6, 1996, this court decided KPERS v. Reimer & Koger Assocs., Inc., 261 Kan. 17, 927 P.2d 466 (1996) (KPERS I), which involved two actions filed by the Kansas Public Employees Retirement System (KPERS) against various defendants for its investment losses in Sharoff Food Service, Inc., (Sharoff) and Tallgrass Technologies Corporation (Tallgrass). This appeal involves a cross-claim between two defendants in the action regarding KPERS’s losses in Tallgrass. We affirm the trial court’s dismissal of the cross-claim but for different…