Global Promotions Group, Inc. v. Danas Inc.

2012 NCBC 38
CourtNorth Carolina Business Court
DecidedJune 22, 2012
Docket11-CVS-11756
StatusPublished
Cited by1 cases

This text of 2012 NCBC 38 (Global Promotions Group, Inc. v. Danas Inc.) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Global Promotions Group, Inc. v. Danas Inc., 2012 NCBC 38 (N.C. Super. Ct. 2012).

Opinion

Global Promotions Group, Inc. v. Danas Inc., 2012 NCBC 38.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION COUNTY OF WAKE 11 CVS 11756

GLOBAL PROMOTIONS GROUP, INC., a ) North Carolina Corporation; FRED and ) SARA HODGES, individually and d/b/a ) GLOBAL PROMOTIONS GROUP; SDW, ) INC., a Georgia Corporation and SANDRA ) WARREN, individually and d/b/a ) SIGNATURES CUSTOM ADVERTISING, ) Plaintiffs ) OPINION AND ORDER ) ON MOTION TO DISMISS v. ) ) DANAS INCORPORATED, a North Carolina ) Corporation; COLLEEN FUTRELL, ) individually; RICHARD FUTRELL, ) individually; MARTHA DOMINICK, ) individually and BRANCH BANKING & ) TRUST COMPANY, a North Carolina ) Corporation, ) Defendants )

THIS CAUSE, designated a mandatory complex business case by Order of the

Chief Justice of the North Carolina Supreme Court, pursuant to N.C. Gen. Stat. § 7A-

45.4(b) (hereinafter, references to the North Carolina General Statutes will be to "G.S.");

and assigned to the undersigned Chief Special Superior Court Judge for Complex

Business Cases, comes before the court upon Defendants Martha Dominick and

Branch Banking & Trust Company's Motion to Dismiss ("Motion"), pursuant to Rule

12(b)(6), North Carolina Rules of Civil Procedure ("Rule(s)"); and THE COURT, after considering the Motion, briefs in support of and opposition to

the Motion and other appropriate matters of record, CONCLUDES that the Motion

should be GRANTED, for the reasons stated herein.

Bryant Duke Paris III, PLLC, by Bryant Duke Paris III, Esq. for Plaintiffs.

Poyner & Spruill, LLP, by David Dreifus, Esq. and Eric P. Stevens, Esq. for Defendant Branch Banking & Trust Company.

Hartzell & Whiteman, LLP, by Andrew O. Whiteman, Esq. for Defendant Martha Dominick.

Jolly, Judge.

I.

PROCEDURAL HISTORY

[1] On or about July 28, 2011, Plaintiffs Global Promotions Group, Inc.

("Global"), Fred Hodges, Sara Hodges, SDW, Inc. ("SDW") and Sandra Warren

("Warren") filed their Complaint against Defendants Danas Incorporated ("Danas"),

Colleen Futrell, Richard Futrell, Martha Dominick ("Dominick") and Branch Banking &

Trust Company ("BB&T") (collectively, Dominick and BB&T will be referred to as "Bank

Defendants").

[2] The Complaint alleges the following causes of action ("Claim(s)") against

Dominick and/or BB&T: Claim Nine – Breach of Fiduciary – Dominick; Claim Ten –

Negligence – Dominick and BB&T; Claim Eleven – Respondeat Superior/Vicarious

Liability – BB&T; Claim Twelve – Breach of Contract – BB&T; Claim Thirteen – Unjust

Enrichment – Dominick and BB&T and Claim Fourteen – Accounting – BB&T.

[3] On October 17, 2011, Bank Defendants filed the Motion, which seeks

dismissal of all Claims alleged against both of them. [4] The court has reviewed all materials relative to the Motion, and the Motion

is ripe for determination.1

II.

FACTUAL BACKGROUND

Among other things, the Complaint alleges that:

[5] Global is a corporation organized and existing under the laws of North

Carolina, with its principal place of business in Rocky Mount, North Carolina.2 Global is

a specialty advertisement business, and Fred and Sara Hodges are the principals of

Global.3

[6] SDW is a corporation organized and existing under the laws of Georgia,

with its principal place of business in Woodstock, Georgia. Warren is the majority

owner of SDW, d/b/a Signatures Custom Advertising ("Signatures").4 Similar to Global,

Signatures is also a specialty advertising business.

[7] Danas is a corporation organized and existing under the laws of North

Carolina, with its principal place of business in Cary, North Carolina. Susan Johnson

("Johnson") is the majority owner of Danas.5 At times material, it appears that, among

other things, Danas offered accounting services to its clients.

[8] At all times relevant to this action, Colleen Futrell was employed as a

bookkeeper for Danas. Colleen Futrell was married to Richard Futrell, who was the

1 The Motion has been fully briefed by both parties. Pursuant to Rule 15.4 of the General Rules of Practice and Procedure for the North Carolina Business Court ("BCR"), the court elects decide the Motion on the pleadings and briefs, without hearing or oral argument. 2 Compl. ¶ 1. 3 Id. ¶¶ 2, 13. 4 Id. ¶¶ 3-4. There is an apparent inconsistency between the initial case caption and paragraph 3 of the Complaint with regard to whether Warren or SDW does business as Signatures. For purposes of this Opinion and Order, the court has tracked the allegations of paragraph 3 in this regard. 5 Id. ¶ 5. webmaster and administrator of the software and computer system used by Danas to

provide accounting and operational services to Plaintiffs.

[9] In November 2001, Fred and Sara Hodges orally contracted with Danas to

run Global's day-to-day business operations and handle accounting functions for

Global.6 The duties entrusted to Danas included order processing, vendor payments,

payments of Global's business expenses, Global's collections and distributions to

Global.7

[10] At the same time, Global opened a deposit account with BB&T because

Danas had an existing relationship with BB&T.8 Danas was given authority by Global,

among other things, to deposit funds into Global's BB&T account, pay Global's vendors,

pay Global's expenses and pay commissions to Global.9

[11] Similarly, in January 2002, Warren orally contracted with Danas to run

Signatures' day-to-day operations. Signatures orally agreed that Danas would be

responsible for Signatures' order entries, invoicing, accounts payable, accounts

receivable, balancing monthly bank statements and providing monthly reports.

[12] In March 2002, Warren opened a BB&T account for Signatures in Roswell,

Georgia and gave signature authority on the accounts to Johnson. In May 2002,

Warren and Johnson went to the Cary, North Carolina main branch of BB&T ("Cary

Branch") and signed a signature card, giving Johnson signature authority to administer

the Signatures' BB&T account.

6 Id. ¶ 13. 7 Id. 8 Id. ¶ 14. 9 Id. ¶ 16. [13] In June and July 2003, Johnson revised the signature cards for Plaintiffs'

BB&T accounts, which effectively transferred ownership and control of Signatures and

Global's accounts to Danas.10

[14] Dominick was an employee of BB&T at the Cary Branch, and she worked

with Johnson and Colleen Futrell on a day-to-day basis as the BB&T representative for

Plaintiffs' accounts.11

[15] Beginning in 2008, the principals of Signatures and Global began

discovering various discrepancies in their accounts that were controlled by Danas.12 In

short, Signatures and Global eventually discovered that Danas had caused

unauthorized wire transfers to occur from the Signatures and Global accounts at BB&T.

It was also discovered that Danas allowed the negotiation and deposit of forged and

unauthorized checks from the Signatures and Global BB&T accounts into Danas'

accounts to pay unauthorized expenses, including personal expenses of Johnson and

Colleen Futrell.13

[16] Bank Defendants provided "aid and assistance" to Danas by allowing the

various above-mentioned unauthorized transactions to occur.14

[17] In total, acting by and through Johnson and Colleen and Richard Futrell,

Danas caused the embezzlement of over $300,000 from Signatures and Global's BB&T

accounts.15

10 Id. ¶¶ 24-25.

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2012 NCBC 38, Counsel Stack Legal Research, https://law.counselstack.com/opinion/global-promotions-group-inc-v-danas-inc-ncbizct-2012.