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ALTRUST FINANCIAL SERVICES, INC. v. ADAMS

1091610, 1091620 and 1091759.

76 So.3d 228 (2011)

ALTRUST FINANCIAL SERVICES, INC., et al. v. James R. ADAMS et al. Dixon Hughes, PLLC v. James R. Adams et al. James R. Adams et al. v. Altrust Financial Services, Inc., et al.

Supreme Court of Alabama.

July 29, 2011.

Attorney(s) appearing for the Case

Gerald P. Gillespy , Howard P. Walthall, Jr. (withdrew 01/26/2011), and Ellen T. Mathews of Burr & Forman LLP, Birmingham; S. Wayne Fuller and Matthew K. Carter of Fuller & Willingham, LLC, Cullman; and Finis St. John of St. John & St. John, LLC, Cullman, for appellants/cross-appellees Altrust Financial Services, Inc., Peoples Bank of Alabama, J. Robin Cummings, Whit Drake, N. Jasper Estes, Cecil A. Walker, Terry N. Walker, Timothy D. Walker, and Brian C. Witcher.

Katharine A. Weber and James L. Goyer of Maynard Cooper & Gale, PC, Birmingham; and Frederick K. Sharpless of Sharpless & Stavola, P.A., Greensboro, North Carolina, for Dixon Hughes, PLLC.

Andrew P. Campbell and Jason R. Smith of Leitman, Siegel, Payne & Campbell, P.C., Birmingham, for appellees/cross-appellants James R. Adams, Stanley Dye, and Ed Holcombe.

BOLIN, Justice.

James R. Adams, Stanley Dye, and Ed Holcombe (collectively referred to as "the plaintiffs"), individual shareholders in Altrust Financial Services, Inc. ("Altrust"), sued Altrust; Peoples Bank of Alabama ("the Bank"); J. Robin Cummings, Whit Drake, N. Jasper Estes, Cecil Alan Walker, Terry Neal Walker, Timothy Dudley Walker, and Brian C. Witcher ("the individual defendants")1 (Altrust, the Bank, and the individual defendants...

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