Great Lakes Capital Partners v. Plain Dealer Pub. Co., 91215 (12-11-2008)

2008 Ohio 6495
CourtOhio Court of Appeals
DecidedDecember 11, 2008
DocketNo. 91215.
StatusUnpublished
Cited by1 cases

This text of 2008 Ohio 6495 (Great Lakes Capital Partners v. Plain Dealer Pub. Co., 91215 (12-11-2008)) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Great Lakes Capital Partners v. Plain Dealer Pub. Co., 91215 (12-11-2008), 2008 Ohio 6495 (Ohio Ct. App. 2008).

Opinion

JOURNAL ENTRY AND OPINION *Page 3
{¶ 1} Plaintiffs-appellants, Great Lakes Capital Partners, Ltd. ("Great Lakes") and Patrick White ("White") collectively referred to as ("plaintiffs"), appeal the trial court's granting of summary judgment in favor of defendants-appellees, Plain Dealer Publishing Co., The Plain Dealer, and The Plain Dealer, LLC (collectively as "The Plain Dealer"). Finding no merit to the appeal, we affirm.

{¶ 2} This matter arises out of two newspaper articles published by The Plain Dealer on August 26, 2005 and November 18, 2005 ("two articles") regarding a controversy surrounding the Ohio Bureau of Workers' Compensation ("BWC") fund. To better understand this matter, some background information and the context in which the two articles appeared is necessary.

{¶ 3} At the time the two articles were published, White was the president and chief financial officer of Great Lakes, a brokerage business, which performed work for various government entities, including the BWC.1

{¶ 4} In April 2005, the public learned that some BWC funds were mismanaged and that the BWC allowed MDL Investments, one of its investment firms, to invest in a high-risk hedge fund that lost over $200 million. On August *Page 4 25, 2005, a reporter for The Plain Dealer attended a BWC Oversight Commission meeting and learned that the Securities and Exchange Commission ("SEC") was investigating the BWC.

{¶ 5} The Plain Dealer obtained SEC documents which revealed that: the SEC was concerned that the BWC was paying "excessive" commissions to its investment brokers, including Great Lakes; the BWC ignored the SEC's warning about the "excessive" commissions; the SEC brought the matter to the attention of the Ohio Attorney General; and the Ohio Attorney General believed that the SEC's concerns were unwarranted.

{¶ 6} The next day, on August 26, 2005, The Plain Dealer published the first article at issue. In that article, The Plain Dealer stated that a trio of politically connected brokers, Great Lakes, U.S. Discount Brokerage Inc. ("U.S. Discount"), and Mantor Watson Securities ("Mantor"), were paid excessive fees. It also stated that Great Lakes was no stranger to investment "scandal," and the BWC allowed Great Lakes to designate its own commission. Following this article, Great Lakes' attorney corresponded with The Plain Dealer advising it that the August 2005 article was false and defamatory.

{¶ 7} Despite this letter, The Plain Dealer published another article on November 18, 2005. In this second article, The Plain Dealer stated that Great Lakes' name surfaced in a separate investment "scandal" in New Hampshire. *Page 5 The article also reported that New Hampshire Retirement System ("NHRS") was investigating whether its former board chairman, Ed Theobald ("Theobald"), had undisclosed dealings with Great Lakes.

{¶ 8} As a result of these articles, the plaintiffs filed suit against The Plain Dealer in August 2006, claiming that the general public and individuals doing business with them believed that they were involved in criminal activity. The plaintiffs' amended complaint sought monetary damages for the alleged "false and defamatory statements" published by The Plain Dealer. The plaintiffs asserted claims for defamation (per se and per quod), tortious interference with business and contractual relationships, negligent misrepresentation, and fraud.

{¶ 9} In July 2007, The Plain Dealer moved for summary judgment. The plaintiffs filed a brief in opposition and voluntarily dismissed, without prejudice, the negligent misrepresentation and fraud claims. The trial court granted The Plain Dealer's motion for summary judgment on all remaining claims, finding that the plaintiffs failed to establish that The Plain Dealer acted with actual malice and that the published statements were false statements of fact.

{¶ 10} The plaintiffs now appeal, raising four assignments of error for our review, which shall be discussed together where appropriate.

{¶ 11} In the first assignment of error, the plaintiffs argue that the trial court erred in granting summary judgment in favor of The Plain Dealer because *Page 6 genuine issues of material fact remain as to whether The Plain Dealer acted with actual malice when publishing both articles. In the second assignment of error, the plaintiffs argue that the trial court erred in determining that they are limited public purpose figures.

Standard of Review
{¶ 12} Appellate review of summary judgment is de novo. Grafton v.Ohio Edison Co. (1996), 77 Ohio St.3d 102, 105, 671 N.E.2d 241;Zemcik v. LaPine Truck Sales Equip. Co. (1998), 124 Ohio App.3d 581,585, 706 N.E.2d 860. The Ohio Supreme Court stated the appropriate test in Zivich v. Mentor Soccer Club (1998), 82 Ohio St.3d 367, 369-370,696 N.E.2d 201, as follows:

{¶ 13} "Pursuant to Civ. R. 56, summary judgment is appropriate when (1) there is no genuine issue of material fact, (2) the moving party is entitled to judgment as a matter of law, and (3) reasonable minds can come to but one conclusion and that conclusion is adverse to the nonmoving party, said party being entitled to have the evidence construed most strongly in his favor. Horton v. Harwick Chem. Corp. (1995), 73 Ohio St.3d 679, 653 N.E.2d 1196, paragraph three of the syllabus. The party moving for summary judgment bears the burden of showing that there is no genuine issue of material fact and that it is entitled to judgment as a matter of law. Dresher v. Burt (1996),75 Ohio St.3d 280, 292-293, 662 N.E.2d 264, 273-274." *Page 7

{¶ 14} Once the moving party satisfies its burden, the nonmoving party "may not rest upon the mere allegations or denials of the party's pleadings, but the party's response, by affidavit or as otherwise provided in this rule, must set forth specific facts showing that there is a genuine issue for trial." Civ. R. 56(E); Mootispaw v. Eckstein (1996), 76 Ohio St.3d 383, 385, 667 N.E.2d 1197. Doubts must be resolved in favor of the nonmoving party. Murphy v. Reynoldsburg (1992),65 Ohio St.3d 356, 358-359, 604 N.E.2d 138.

Defamation
{¶ 15} "Defamation is the unprivileged publication of a false and defamatory matter about another." McCartney v. Oblates of St. FrancisdeSales

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Anderson v. WBNS-TV, Inc.
2020 Ohio 6933 (Ohio Court of Appeals, 2020)

Cite This Page — Counsel Stack

Bluebook (online)
2008 Ohio 6495, Counsel Stack Legal Research, https://law.counselstack.com/opinion/great-lakes-capital-partners-v-plain-dealer-pub-co-91215-12-11-2008-ohioctapp-2008.