STATE EX REL. FOY v. AUSTIN CAPITAL MGMT.

No. 31,421.

297 P.3d 357 (2012)

2013-NMCA-043

STATE of New Mexico, ex rel. Frank C. FOY and Suzanne B. Foy, Qui Tam Plaintiffs-Appellants, v. AUSTIN CAPITAL MANAGEMENT, LTD.; Austin Capital Management GP Corp.; Charles W. Riley; Brent A. Martin; David E. Friedman; Will Jason Rottinger; Victory Capital Management Inc.; Keycorp; Berean Capital; Dudley Brown; Tremont Group Holdings, Inc.; Oppenheimer Funds, Inc.; Gary Bland; David Contarino; Bruce Malott; Meyners And Co.; Marc Correra; Anthony Correra; Sandia Asset Management; Alfred Jackson; Davis Hamilton and Jackson; Guy Riordan; Juniper Capital; Eileen Kotecki; Dan Hevesi; Henry "Hank" Morris; Julio Ramirez; Paul Cross; Crosscore Management; SDN Investors; Psilos Group; Albert Waxman; Jeffrey Krauss; Stephen Krupa; David Eichler; Darlene Collins; Wetherly Capital Group; Dan Weinstein; Vicky Schiff; Quadrangle Group; Aldus Equity; Saul Meyer; Marcellus Taylor; Matthew O'Reilly; Richard Ellman; Deutsche Bank; Diamond Edge Capital; Marvin Rosen; Carlyle Mezzanine Partners; Carlyle Group; DB Investment Managers; Topiary Trust; Park Hill Group; Dan Prendergast; Catterton Partners; Blackstone Group; Gold Bridge Capital; Darius Anderson; Kirk Anderson; Ares Management; Inroads Group; Camden Partners; HFV; Barrett Wissman; Tag; Ajax Investments; Clayton Dubilier And Rice; Intermedia; Leo Hindery; William R. Howell; Cabrera Capital; Martin Cabrera; Crestline Investors; Tremont Partners, Inc.; Tremont Capital Management, Inc.; John Doe #1; and John Does #3 Through #50, Defendants-Appellees.

Court of Appeals of New Mexico.

Certiorari Granted, March 15, 2013, No. 34,013.


Attorney(s) appearing for the Case

Victor R. Marshall & Associates, P.C., Victor R. Marshall , Albuquerque, NM for Appellants.

Bowles & Crow, B.J. Crow , Albuquerque, NM, for Appellee, Sandia Asset Management.

Modrall, Sperling, Roehl, Harris & Sisk PA, Brian K. Nichols , Albuquerque, NM, for Appellees, Darlene Collins, Jeffrey Krauss, Psilos Group, Albert Waxman, Dan Weinstein, and Stephen Krupa.

Comeau, Maldegen, Templeman & Indall LLP, Marshall G. Martin , Santa Fe, NM, for Appellees, Leo Hindery, Intermedia.

Modrall, Sperling, Roehl, Harris & Sisk, PA, Kenneth L. Harrigan , Albuquerque, NM, for Appellees, Crosscore Management, Paul A. Cross, Jeffrey Krauss, Darlene Collins, Psilos Group, Ares Management, Albert Waxman, David Eichler, Stephen Krupa, Crestline Investors, Dan Weinstein, Inroads Group, Wetherly Capital Group.

Modrall, Sperling, Roehl, Harris & Sisk P.A., John R. Cooney , Albuquerque, NM, for Appellee, Quadrangle Group.

Van Amberg, Rogers, Yepa, Abeita & Gomez, LLP, Ronald J. Van Amberg , Santa Fe, NM, for Appellees, Darius Anderson, Kirk Anderson, and Gold Bridge Capital.

Michael L. Danoff & Associates PC, Michael L. Danoff , Albuquerque, NM, for Appellees, Carlyle Group and Carlyle Mezzanine Partners.

Modrall Sperling Roehl Harris & Sisk, PA, Paul M. Fish , Albuquerque, NM, for Appellees, Tremont Group Holdings, Tremont Capital Management, Oppenheimer Funds, Tremont Partners.

Scheuer Yost & Patterson, PC, Mel E. Yost , Santa Fe, NM, for Appellees, Marvin Rosen and Diamond Edge Capital.

Montgomery & Andrews, PA, Stephen S. Hamilton , Santa Fe, NM, for Appellees, Austin Capital Management GP Corp., Dudley Brown, Berean Capital, Keycorp, Will Jason Rottinger, David E. Friedman, Riley Brent, Charles Riley, Austin Capital Management, Victory Capital, Gary Bland, Davis Hamilton, Juniper Capital, Alfred Jackson, Anthony Correra, and Marc Correra.

Brennan & Sullivan PA, Michael W. Brennan , Santa Fe, NM, for Appellees, Park Hill Group, Dan Hevesi, Henry Morris, and Dan Prendergast.

Simone, Roberts & Weiss, PA, Stephen M. Simone , Norman F. Weiss , Albuquerque, NM, for Appellee, David Contarino.

Arland & Associates LLC, William J. Arland III , Santa Fe, NM, for Appellees, Marcellus Taylor, Saul Meyer, Richard Ellman, Matthew O'Reilly, and Aldus Equity.

French & Associates, PC, Stephen G. French , Albuquerque, NM, for Appellee, Guy Riordan.

Butt, Thornton & Baehr, PC, Rodney Schlagel , Albuquerque, NM, for Appellee, William R. Howell.

Silva, Saucedo & Gonzales, PC, Benjamin Silva, Jr. , Albuquerque, NM, for Appellee, HFV.

Law Office of George "Dave" Giddens, P.C., George Dave Giddens , Albuquerque, NM, for Appellees, Catterton Partners, Camden Partners, SDN Investors, Vicky Schiff, TAG, Ajax Investments, and Barrett Wissman.

Rodey, Dickason, Sloan, Akin & Robb, P.A., Andrew G. Schultz , Albuquerque, NM, for Appellees, DB Investment Managers, Topiary Trust, Deutsche Bank.

Basham & Basham, P.C., Katherine A. Basham , Martin R. Esquivel , Santa Fe, NM, for Appellee, Bruce Malott.

Robles, Rael & Anaya, PC, Luis E. Robles , Albuquerque, NM, for Appellee, Meyners and Company.

Gregg Vance Fallick , Albuquerque, NM, for Appellee, Bruce Malott.

Rubin, Katz, Ahern, Herdman & MacGillivray, P.A., Frank T. Herdman , Santa Fe, NM, for Appellee, Clayton Dubilier and Rice.

Madison & Mroz, PA, Michael J. Dekleva , Albuquerque, NM, for Appellee, Julio Ramirez.

Robert Becker & Associates, Robert W. Becker , Albuquerque, NM, for Appellee, Guy Riordan.

Keleher & McLeod, P.A., Sean Olivas , Albuquerque, NM, for Appellee, Martin Cabrera and Cabrera Capital.

Debevoise & Plimpton, LLP, Mark P. Goodman , Amanda Ulrich , Lisa Howley , New York, NY, for Appellee, Victory Capital and Clayton Dubilier and Rice.

Fried, Frank, Harris, Shriver & Jacobson, LLP, Peter L. Simmons , New York, NY, for Appellees, DB Investment Managers, Topiary Trust, and Will Jason Rottinger.


OPINION

CASTILLO, Chief Judge.

{1} New Mexico's Fraud Against Taxpayers Act, NMSA 1978, §§ 44-9-1 to -14 (2007) (FATA or the Act) was passed in 2007. The next year, Plaintiffs filed a qui tam action under the Act alleging violations that occurred as early as 2003. Although these alleged acts predate the effective date of FATA, they fall within the period provided for in FATA's retroactivity...

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