Securities Investor Protection Corp. v. Cheshier & Fuller, L.L.P. (In Re Sunpoint Securities, Inc.)

MEMORANDUM OF DECISION DENYING DEFENDANTS’ RESPECTIVE MOTIONS TO DISMISS

BILL G. PARKER, Bankruptcy Judge.

' Plaintiffs, Robert G. Richardson as Trustee (the “Trustee”) for the liquidation of the business of securities broker-dealer Sunpoint Securities, Inc. (“Sunpoint”) and the Securities Investor Protection Corporation (the “SIPC”) (collectively, the “Plaintiffs”), have brought this action against Defendants, Cheshier & Fuller, L.L.P., King Bourland, Jeff Cheshier, Jack Sprawls, David Stanley, solely as the representative of Harold Fuller, James Con-nor, Jack Savage, Bret Robertson, and John…