Lau v. Constable

2017 NCBC 10
CourtNorth Carolina Business Court
DecidedFebruary 7, 2017
Docket16-CVS-4393
StatusPublished

This text of 2017 NCBC 10 (Lau v. Constable) 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
Lau v. Constable, 2017 NCBC 10 (N.C. Super. Ct. 2017).

Opinion

Lau v. Constable, 2017 NCBC 10.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION FORSYTH COUNTY 16 CVS 4393

GREGORY LAU and VENT TECH ) CORPORATION, ) ) Plaintiffs, ) ) v. ) ORDER AND OPINION ON MOTIONS ) TO DISMISS DOUGLAS CONSTABLE; ROBERT ) MARTIN; TIFFANY WILLARD; and ) JENNIFER CONSTABLE, ) ) Defendants. ) )

1. THIS MATTER is before the Court on Defendant Jennifer Constable’s

Motion to Dismiss (“Mrs. Constable’s Motion”) and Defendant Tiffany Willard’s

Motion to Dismiss (“Ms. Willard’s Motion”) (collectively, the “Motions”) filed on

September 27, 2016. For the reasons set forth below, the Court DENIES Mrs.

Constable’s Motion and DENIES IN PART and GRANTS IN PART Ms. Willard’s

Motion.

Tuggle Duggins P.A., by Brandy L. Mills, Benjamin P. Hintze, and Jeffrey S. Southerland, for Plaintiffs Gregory Lau and Vent Tech Corporation.

Blanco Tackabery & Matamoros, P.A., by Elliot A. Fus, M. Rachael Dimont, and Peter J. Juran, for Defendants Douglas Constable, Robert Martin, Tiffany Willard, and Jennifer Constable.

Robinson, Judge.

I. PROCEDURAL HISTORY

2. The Court sets forth here only those portions of the procedural history

relevant to its determination of the Motions. 3. Plaintiffs initiated this action by filing their Complaint on July 21, 2016.

This case was designated as a mandatory complex business case by order of the Chief

Justice of the Supreme Court of North Carolina dated July 22, 2016 and assigned to

the undersigned on the same day.

4. On September 27, 2016, Defendant Jennifer Constable (“Mrs. Constable”)

and Defendant Tiffany Willard (“Ms. Willard”) (collectively, the “Movants”) filed the

Motions pursuant to Rule 12(b)(6) of the North Carolina Rules of Civil Procedure

(“Rule(s)”) and a brief in support. The Motions have been fully briefed, and the Court

held a hearing on the Motions on January 31, 2017. The Motions are now ripe for

resolution.

II. FACTUAL BACKGROUND

5. The Court does not make findings of fact on the Motions under Rule

12(b)(6), but only recites those factual allegations of the Complaint that are relevant

and necessary to the Court’s determination of the Motions.

6. Plaintiff Gregory Lau (“Mr. Lau”) is the founder and majority shareholder

of Plaintiff Vent Tech Corporation (the “Company”) (collectively, the “Plaintiffs”).

(Compl. ¶¶ 7, 15.) Mr. Lau was the Company’s chief executive officer until the

Company’s assets were sold on December 31, 2012 (the “Sale”). (Compl. ¶¶ 20, 24.)

7. Defendant Douglas Constable (“Mr. Constable”) was the Company’s vice

president and chief financial officer and a shareholder of the Company until the Sale.

(Compl. ¶¶ 21, 24.) Mr. Constable is married to Mrs. Constable. (Compl. ¶ 12.) Ms.

Willard was Mr. Constable’s administrative assistant. (Compl. ¶ 11.) 8. Defendant Robert Martin (“Mr. Martin”) was a shareholder of the Company

until 2009 and the president of the Company until the Sale. (Compl. ¶¶ 22, 24.)

9. As the Company’s vice president and chief financial officer, Mr. Constable

was responsible for the Company’s management, sales, accounting, record keeping,

and financial affairs. (Compl. ¶ 24.) Mr. Constable maintained the Company’s

general ledger, QuickBooks, banking and credit information, profit and loss

statements, and various financial reports. (Compl. ¶ 24.)

10. Mr. Lau effectively had no role in the Company’s United States operations.

(Compl. ¶ 27.) Instead, Mr. Lau spent most of his time in China managing the

Company’s overseas manufacturing. (Compl. ¶ 27.) Mr. Lau was not knowledgeable

or experienced in the financial aspects of the Company or the Company’s United

States operations. (Compl. ¶ 28.) As a result, Mr. Lau entrusted Mr. Constable and

Mr. Martin to manage the Company’s United States operations. (Compl. ¶ 27.)

11. In addition to ceding control of the Company’s finances, Mr. Lau entrusted

Mr. Constable with managing Mr. Lau’s personal interests in the United States.

(Compl. ¶ 31.) Accordingly, Mr. Lau provided Mr. Constable with access to Mr. Lau’s

personal bank account. (Compl. ¶ 31.)

12. After the Sale, Mr. Lau was the Company’s sole shareholder. (Compl. ¶ 33.)

Mr. Constable continued working for the buyer and maintained access to Mr. Lau’s

funds and the Company credit card. (Compl. ¶ 33.)

13. In or around late 2013, representatives of the buyer informed Mr. Lau that

there were financial irregularities in the Company’s books for which the buyer believed Mr. Constable was responsible. (Compl. ¶ 35.) Mr. Lau conducted an

investigation into the Company’s books and records and discovered financial

irregularities and misuse of Company funds. (Compl. ¶ 36.)

14. According to Plaintiffs, beginning in 2008 and continuing into 2013, Mr.

Constable defrauded and stole millions of dollars from the Company and Mr. Lau.

(Compl. ¶ 37.) Plaintiffs contend that Mrs. Constable was aware of and complicit in

Mr. Constable’s theft of funds from the Company and Mr. Lau. (Compl. ¶¶ 12, 62,

64.)

15. Plaintiffs contend that as part of Mr. Constable’s theft from the Company

and Mr. Lau, Mr. Constable recorded false transactions in the Company’s general

ledger as payments to a company named Amerasia, but that such payments were in

fact directed to Mr. Constable. (Compl. ¶¶ 38−39.)

16. Plaintiffs also allege that from 2009 until the Sale in 2012, Mr. Constable

diverted the Company’s money into Ventlab Holdings, LLC (“Ventlab Holdings”), a

limited liability company owned by Mr. Lau, Mr. Constable, and Mr. Martin. (Compl.

¶¶ 18, 45.) Plaintiffs contend that Mr. Constable then took the Company’s money

from Ventlab Holdings for himself. (Compl. ¶ 45.)

17. Plaintiffs further allege that from 2009 until in or around 2012, Mr.

Constable diverted the Company’s funds from the Company’s bank accounts for his

own benefit. (Compl. ¶ 54.) The Complaint sets forth seventy-three specific instances

between November 25, 2009 and December 16, 2012 where Mr. Constable allegedly

diverted the Company’s funds to himself or for his benefit. (Compl. ¶ 55.) 18. Plaintiffs contend that from 2010 until in or around 2011, Mr. Constable

diverted Mr. Lau’s funds from Mr. Lau’s personal bank account for Mr. Constable’s

benefit. (Compl. ¶ 59.)

19. Mr. Constable allegedly used the Company credit card for personal

expenses for himself and his family. (Compl. ¶ 49.) The Complaint sets forth fifty-

two specific transactions between June 19, 2010 and December 12, 2013 where Mr.

Constable used the Company credit card and avers each of the transactions were Mr.

Constable’s personal, as opposed to business, expenses. (Compl. ¶¶ 50, 88.) Mr.

Constable allegedly used the Company credit card to make payments to the

University of South Carolina—where Mr. and Mrs. Constable’s son attended school—

Neiman Marcus, Windsor Jewelers, Chanel, Fendi, Prada, Hermes, as well as for

hotels in and airfare to Italy, the Bahamas, Las Vegas, and Nashville. (Compl. ¶¶

50, 61.) The allegations about two of the fifty-two transactions specifically mention

Mrs. Constable. (Compl. ¶ 50.) The Complaint alleges that:

 “On or about April 5, 2011, [Mr.] Constable caused payments to be

made for airfare to Nassau, Bahamas for [Mr.] Constable, Mrs.

Constable, and others in the amount of $1,317.60 per ticket” (Compl.

¶ 50d (emphasis added)); and

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2017 NCBC 10, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lau-v-constable-ncbizct-2017.