K3C Inc. v. Bank of America, N.A.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PER CURIAM: *
This dispute arose from a January 2000 interest rate swap agreement between Defendant-Appellee Bank of America (“BOA”)and Plaintiffs-Appellants K3C Inc., Sierra Industries, Inc., (“Companies”), and Mark Huffstutler (“Huffstutler”), the Companies’ sole shareholder (collectively, “Appellants”). After losing money under the agreement throughout 2001 and 2002, the Companies brought suit against BOA seeking damages for (1) fraud, (2) gross negligence, (3) negligent misrepresentation, (4) breach of fiduciary duty, (5) breach of duty to disclose, (6) breach of duty to deal fairly and in…
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