Tort/Negligence – Fraudulent Concealment – Vicarious Liability – Potential LLC Purchase – Membership Interest Sales

Where plaintiffs’ allegations could support a determination that the individual defendants were able to defraud plaintiffs by exploiting their assigned duties as employees of the defendant-limited liability company, plaintiffs have sufficiently stated a respondeat superior claim against the LLC. The court denies the defendant-LLC’s motion to dismiss as to plaintiffs’ (1) vicarious liability/respondeat superior claim, (2) ...

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North Carolina Lawyers Weekly

Tort/Negligence – Fraudulent Concealment – Vicarious Liability – Potential LLC Purchase – Membership Interest Sales

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