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CABANISS v. DEUTSCHE BANK SECURITIES, INC.

No. COA04-530.

611 S.E.2d 878 (2005)

Eda Hofstead CABANISS, James and Kalen Haun, and Elizabeth Wanders, Trustee, Individually and Derivatively on Behalf of the D.B. Alex. Brown Exchange Fund I, L.P., Plaintiffs, v. DEUTSCHE BANK SECURITIES, INC. d/b/a Deutsche Bank Alex. Brown, Alex. Brown Management Services, Inc., DC Investment Partners, LLC, and D.B. Alex. Brown Exchange Fund, I, L.P., Defendants.

Court of Appeals of North Carolina.

May 3, 2005.

Attorney(s) appearing for the Case

Kilpatrick Stockton L.L.P., by David C. Smith, Winston-Salem, for plaintiff-appellants.

Bell, Davis & Pitt, P.A., by William K. Davis, Winston-Salem, and Brooks Pierce, by Mack Sperling, Greensboro, and Smith Moore, L.L.P., by J. Donald Cowan, Jr., for defendant-appellees.

HUDSON, Judge.

This action arises from a complaint filed against defendants Deutsche Bank Securities, Inc. ("Deutsche Bank") d/b/a Deutsche Bank Alex. Brown, Alex. Brown Management Services, Inc. ("Alex. Brown"), DC Investment Partners, LLC ("DCIP"), and D.B. Alex. Brown Exchange Fund, I, L.P. ("Exchange Fund"), by plaintiffs Eda Hofstead Cabaniss ("Mrs. Cabaniss"), James and Kalen Haun ("the Hauns"), and Elizabeth Wanders...

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