Citizens National Bank v. Volunteer Bancorp Inc. (TV2)

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TENNESSEE CITIZENS NATIONAL BANK and ) CNB BANKSHARES, INC. ) ) Plaintiffs, ) ) v. ) No.: 3:20-CV-555-TAV-HBG ) VOLUNTEER BANCORP, INC. and ) CIVIS BANK, ) ) Defendants. ) MEMORANDUM OPINION This civil matter is before the Court on Defendants’ Motion to Dismiss the Second Amended Complaint [Doc. 18]. Defendants seek dismissal under Rules 12(b)(6) and 9(b) of the Federal Rules of Civil Procedure, the Private Securities Litigation Reform Act (“PSLRA”), 15 U.S.C. §§ 78u-4 et seq., and 28 U.S.C. § 1367(c) [Id. p. 1]. Plaintiffs responded in…