Jennings v. Whiteford, Taylor & Preston LLP

CourtDistrict Court, D. Maryland
DecidedAugust 15, 2025
Docket8:24-cv-02977
StatusUnknown

This text of Jennings v. Whiteford, Taylor & Preston LLP (Jennings v. Whiteford, Taylor & Preston LLP) is published on Counsel Stack Legal Research, covering District Court, D. Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jennings v. Whiteford, Taylor & Preston LLP, (D. Md. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

JEFFREY JENNINGS,

Plaintiff,

Case No. 24-cv-2977-ABA v.

WHITEFORD, TAYLOR & PRESTON LLP, et al., Defendants

MEMORANDUM OPINION Plaintiff Jeffrey Jennings, the founder of Vetro Building Envelope, LLC, a construction company (“Vetro”), and his co-members of Vetro, Defendants Arthur Burkindine and Donald Taylor, III, sold the company in 2024 to Roschmann Holding GmbH (“Roschmann”), a German company. Mr. Jennings was entitled to approximately $4 million from the proceeds of the sale. The transaction closed, and Mr. Burkindine and Mr. Taylor received their shares of the purchase price, totaling approximately $6.2 million. But Mr. Jennings never received his—not because the buyer failed to pay, but because hackers had gained access to Vetro’s computer systems, posed as Mr. Taylor, and induced Roschmann to send Mr. Jennings’ share of the proceeds to the hackers. In separate litigation, Vetro is seeking to identify the fraudsters and recover the funds. In this case, Mr. Jennings has sued Mr. Burkindine and Mr. Taylor, contending they are partly responsible for the loss because, among other things, they used an email system to conduct the transaction that had, just months before, been hacked. He also has sued the law firm Whiteford, Taylor & Preston LLP (“Whiteford”), contending they acted negligently in handling the wire transfer information and negotiating the transaction documents. For the reasons set forth herein, Plaintiff has alleged sufficient facts to state claims against Whiteford. He also has pled sufficient facts to state a gross negligence claim against Mr. Burkindine and Mr. Taylor, but his other claims against those

defendants (for negligence, for breach of contract regarding tax liabilities, and for punitive damages) will be dismissed. I. BACKGROUND1 Plaintiff Jennings has alleged the following facts, which the Court “must accept as true” at the pleadings stage, drawing “all reasonable inferences in favor” of Plaintiff. King v. Rubenstein, 825 F.3d 206, 212 (4th Cir. 2016). In 2014, Mr. Jennings founded Vetro Building Envelope, LLC, a construction company that designs, fabricates and installs exterior architectural components for mid- to high-rise commercial and residential buildings. ECF No. 1 (Complaint) ¶ 1. He oversaw the company’s operations until late 2021, at which point he transferred substantial ownership of the company to Mr. Burkendine and Mr. Taylor. Id. ¶ 2. The

parties effectuated that transaction in part through a Third Amended and Restated Operating Agreement, which divided the Class A Members Voting Interest as 98% to Mr. Jennings, 1% to Mr. Burkindine, and 1% to Donald Taylor, and divided the Class B Members Economic Interest as 49% to Mr. Burkindine, 26% to Mr. Jennings, and 25% to Mr. Taylor. Id. ¶ 47. Plaintiff alleges that, “as consideration for this transfer of

1 At the pleadings stage, the Court “must accept as true all of the factual allegations contained in the [counterclaim] and draw all reasonable inferences in favor of the [non- movant].” King v. Rubenstein, 825 F.3d 206, 212 (4th Cir. 2016). interest, Mr. Burkindine and Mr. Taylor would pay any tax liabilities relating to the company attributed to Mr. Jennings, and that Vetro Building would maintain a consultancy agreement with Mr. Jennings that paid Mr. Jennings $300,000 per year.” Id. ¶ 48. In 2024, Mr. Burkindine and Mr. Taylor informed Mr. Jennings that they wanted

to explore a possible sale of the company. Id. ¶ 49. They proceeded to negotiate terms for a potential sale of Vetro Building with Roschmann and certain of its affiliates. Id. ¶ 50. Mr. Burkindine was appointed as the agent of the owners of Vetro Building for purposes related to the sale. Id. ¶ 9. Vetro engaged Whiteford to represent it, and its members, in connection with the sale. Id. ¶ 52. Mr. Jennings agreed to be represented by Whiteford together with the other Vetro members. Id. ¶ 53. After all, Whiteford “not only had handled other legal matters for Vetro Building, but also was Mr. Jennings’ personal counsel and had handled, and was then currently handling, other matters for him.” Id. Mr. Jennings contends he otherwise had no involvement in Vetro Building’s negotiations with Roschmann. Id. ¶ 51. As is typical, the structure of the potential transaction evolved over the course of

the negotiations. At some point, Mr. Burkindine and Mr. Taylor informed Mr. Jennings that Roschmann would pay $6 million for the purchase of Mr. Jennings’ interest in Vetro. Id. ¶ 54. Later, they informed him that the deal would not involve a single upfront payment from Roschmann, but instead payments over time. Id. ¶ 55. In response, Mr. Jennings informed Mr. Burkindine and Mr. Taylor that he would agree to a sale only if his interest in Vetro Building was purchased in its entirety at closing. Id. Accordingly, they renegotiated the terms and then informed him that the new deal would involve Mr. Jennings receiving $4 million at closing for the purchase of his equity interest in Vetro, along with termination of his consultancy with Vetro. Id. ¶¶ 56–57. The parties agreed to close the transaction in July 2024. Id. ¶ 58. Mr. Jennings signed the transaction documents on or about July 20. Id. ¶ 67. He contends he was not provided copies of the purchase agreement or related documents, just the signature

pages. Id. ¶¶ 10, 64–65. To effectuate the transfer of funds from Roschmann to Vetro and its members, the parties needed to exchange wire transfer information. On July 16, 2024, Mr. Taylor sent an email to the Whiteford team that contained wiring instructions for each of the three members: Mr. Burkindine, Mr. Taylor, and Mr. Jennings. Id. ¶ 59. Mr. Taylor sent the email from his work email (ending in vetrobe.com), and the email contained Mr. Jennings’ correct account information for his bank account at Wells Fargo. Id. On July 18, Mr. Taylor informed Mr. Jennings that additional wiring information (specifically IBAN and Swift) numbers might be needed; Mr. Jennings provided that information to Mr. Taylor, which Mr. Taylor provided to the Roschmann contact for the transaction, Marie-Jeanne Hauser. Id. ¶¶ 60, 62.

Meanwhile, fraudsters were lurking in Vetro’s electronic systems. In January and February 2024, Vetro had been the subject of a hacking intrusion that resulted in Vetro paying more than $2 million on fake invoices. Id. ¶ 122. Vetro Building has acknowledged that this hacking occurred “[u]sing a technique referred to as ‘email spoofing’ or ‘email impersonation.’” Vetro Bldg. Envelope LLC v. Doe 1-100, No. 24-cv- 02556 (D. Md. Sept. 3, 2024) (“Does Compl.”), ¶ 16. No one at Vetro had told Mr. Jennings about the intrusion at the time. ECF No. 1 ¶ 123. At the time of the hack, Vetro’s IT provider advised Vetro to “obtain Barracuda email security service to prevent future attacks.” Id. ¶ 126. Mr. Jennings contends the company “did not take this precaution,” id. ¶ 126, though Vetro disputes this. ECF No. 13-9. In any event, Mr. Jennings contends that Mr. Burkindine and Mr. Taylor affirmatively withheld from Mr. Jennings information about the hacking incidents or the fact that because of the email spoofing scam Vetro had been fraudulently induced to pay $2 million in fake invoices.

ECF No. 1 ¶ 129. He alleges that Mr. Burkindine and Mr. Taylor told him that they never informed him of the prior hack because they were worried that, in response, he would try to pull back the equity he transferred to them in 2022. Id. ¶ 124. It turned out the fraudsters had maintained access to Vetro’s systems after the January 2024 intrusion. And when Mr. Taylor was emailing with Whiteford and Roschmann regarding the transaction—including sending the wire transfer information—he was using the same email system that had been hacked earlier that year. Id. ¶ 193.

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