Poor v. Lindell

CourtSuperior Court of Maine
DecidedMay 11, 2023
DocketCUMbcd-cv-18-27
StatusUnpublished

This text of Poor v. Lindell (Poor v. Lindell) is published on Counsel Stack Legal Research, covering Superior Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Poor v. Lindell, (Me. Super. Ct. 2023).

Opinion

STATE OF MAINE BUSINESS & CONSUMER COURT CUMBERLAND, ss. CIVIL ACTION DOCKET NO. BCD-CV-2018-00027

FREDERIC J. POOR, et al., ) ) Plaintiffs, ) ) ORDER DENYING ) DEFENDANT ALTHEA v. ) LATADY’S MOTION FOR ) SUMMARY JUDGMENT ) ROBERT KENNETH LINDELL, JR., ) et al., ) ) Defendants. )

BACKGROUND

Before the Court is the Motion for Summary Judgment filed by Defendant Althea Latady

(f/k/a Althea Lindell) in the above-captioned matter (the “Motion”). For the reasons discussed

below, the Motion is DENIED.

LEGAL STANDARD

Summary judgment is appropriate when the parties’ statements of material facts and the

portions of the record referenced therein “disclose no genuine issues of material fact and reveal

that one party is entitled to judgment as a matter of law.” Currie v. Indus. Sec., Inc., 2007 ME 12,

¶ 11, 915 A.2d 400 (citing M.R. Civ. P. 56(c)). “A material fact is one that can affect the outcome

of the case, and there is a genuine issue when there is sufficient evidence for a fact finder to choose

between competing versions of the fact.” Lougee Conservancy v. CitiMortgage, Inc., 2012 ME

103, ¶ 11, 48 A.3d 774 (quoting Stewart-Dore v. Webber Hosp. Ass’n, 2011 ME 26, ¶ 8, 13 A.3d

773). The Court must view the record facts in the light most favorable to the non-moving party

and must draw all reasonable inferences in favor of the same. Watt v. UniFirst Corp., 2009 ME

1 47, ¶ 21, 969 A.2d 897 (citations omitted); Levis v. Konitzky, 2016 ME 167, ¶ 20, 151 A.3d 20.

When the defendant is the moving party, it must establish that there is no genuine dispute

of fact and that the undisputed facts would entitle it to judgment as a matter of law. Diviney v.

Univ. of Me. Sys., 2017 ME 56, ¶ 14, 158 A.3d 5. To withstand a defendant’s motion for summary

judgment, the plaintiff must in turn establish a prima facie case for each element of their cause of

action. Watt, 2009 ME 47, ¶ 21, 969 A.2d 897 (citations omitted). If they do not present sufficient

evidence on the essential elements, then the defendant is entitled to a summary judgment. Id.

FACTS

For the limited purpose of deciding Latady’s Motion, resolving all inferences in favor of

the Plaintiffs, the record demonstrates the following genuine issues of material fact.

Latady married Lindell during 1991; they have three children together. (Def.’s S.M.F. ¶ 1;

Pls.’ S.M.F. ¶¶ 3-4.) Lindell worked as an investment advisor throughout their marriage. (Def.’s

S.M.F. ¶ 4.) Latady knew that Lindell was sanctioned by securities regulators for violations he

committed during 2001, and during 2009 or 2010. (Pls.’ S.M.F. ¶ 4.) Lindell did not keep the

sanctions or related investigations secret from Latady. (Pls.’ S.M.F. ¶ 5.) Sometime during early

2017, Latady learned that Lindell was investigated and criminally charged for stealing funds from

Plaintiffs’ trusts. (Def.’s S.M.F. ¶ 10.)

A Senior Investigator for the Office of Maine Securities conducted the investigation

involving Lindell. (Pls.’ S.M.F. ¶ 43.) Her investigation revealed that Lindell stole millions of

dollars, including from Plaintiffs’ trusts, and that Lindell spent the money for his personal use and

that of his family’s. 1 (Pls.’ S.M.F. ¶ 44.) On March 1, 2017, Lindell was indicted on one count of

1 Plaintiffs are the beneficiary and trustee, respectively, to the estate of Phyllis J. Poor and trusts established thereby: the Frederic J. Poor Special Needs Trust, the Frederic J. Poor Trust Dated August 20, 2004 (the “2004 Trust”), and The Grandchildren’s Trust. (Def.’s Mot. Summ. J. 1.) In total, Lindell expended over $1,500,000 from Phyllis Poor’s estate and personal accounts for his and his family’s benefit. (Pls.’ S.M.F.

2 theft by unauthorized taking or transfer and one count of securities violations. (Pls.’ S.M.F. ¶ 45.)

Latady filed for a divorce during January of 2018, and she began cooperating with the

Maine Attorney General’s investigation into Lindell. (Def.’s S.M.F. ¶ 15.) The divorce finalized

during October or November of 2018. (Def.’s S.M.F. ¶ 31; Pls.’ S.M.F. ¶ 62.) Plaintiffs filed their

amended complaint naming Latady as a defendant in this civil matter on January 23, 2019. (Def.’s

S.M.F. ¶ 17.) Plaintiffs allege that Latady has not repaid to Plaintiffs monies that were paid to her

from their trusts and other accounts. (Pls.’ S.M.F. ¶ 76.) Plaintiffs seek compensatory and punitive

damages from Latady in connection with her marriage to Lindell and her concomitant access to

and enjoyment of the following accounts and assets, the transactions related to them, and the

proceeds therefrom.

I. The Frankfort and Cloverdale Properties

After their marriage, during 1992 Lindell and Latady purchased a home together in

Frankfort, Maine (the “Frankfort Property”). (Def.’s S.M.F. ¶ 2; Pls.’ S.M.F. ¶ 57.) They moved

to California during or around 2014 after Lindell was sanctioned again by securities regulators.

(Def.’s S.M.F. ¶ 4.) There, they began living in a home in Cloverdale, California, at 1850 Trimble

Lane (the “Cloverdale Property”), which Lindell purchased as an investment for the Plaintiffs’

trusts that he managed. (Def.’s S.M.F. ¶ 7; Pls.’ S.M.F. ¶ 21.) Latady was aware that Lindell

withdrew the purchase money from Plaintiffs’ trust funds. (Pls.’ S.M.F. ¶ 23.) According to

Latady, Lindell told Latady that in lieu of him charging Plaintiffs’ a substantial fee, as he was

permitted to do, they could live rent-free at the Cloverdale Property. (Def.’s S.M.F. ¶ 9.) Latady

lived with Lindell at the Cloverdale Property from 2014 through December of 2017. (Pls.’ S.M.F.

¶ 21.)

¶ 49.) After Phyllis Poor’s death, Lindell deposited over $1,700,000 into accounts held by the 2004 Trust. (Pls.’ S.M.F. 50.) Lindell personally spent over $1,650,000 from those funds. (Pls.’ S.M.F. ¶ 51.)

3 Lindell and Latady made substantial renovations to the Cloverdale Property before they

moved in. (Def.’s S.M.F. ¶ 8; Pls.’ S.M.F. ¶ 26.) The renovations included landscaping and

installation of irrigation, plantings, raised beds, a walkway, and construction of a small vineyard.

(Def.’s S.M.F. ¶ 8; Pls.’ S.M.F. ¶ 29.) Latady provided her input into the renovations to the home’s

flooring, cabinetry, and countertops. (Pls.’ S.M.F. ¶ 27.) She also helped select a new sound

system, which cost approximately $30,000. (Pls.’ S.M.F. ¶ 28.)

These improvements were made using funds in an amount exceeding $400,000 withdrawn

from the 2004 Trust. (Def.’s S.M.F. ¶ 8; Pls.’ S.M.F. ¶ 24.) Latady personally neither coordinated

nor contributed payment for any of the renovations. (Pls.’ S.M.F. ¶ 26.) The renovations were

completed by the time Latady and Lindell moved in. (Pls.’ S.M.F. ¶ 25.)

Latady eventually moved out of the Cloverdale Property during December of 2017. 2 (Pls.’

S.M.F. ¶¶ 69-70.) Neither she nor Lindell paid rent to the Plaintiffs for the time they lived at the

Cloverdale Property. (Pls.’ S.M.F. ¶ 76.)

On May 5, 2018, the Court granted an order of attachment in the amount of $3,000,000

against Lindell in the present action, which was recorded in the Waldo County Registry of Deeds

and encumbers the Frankfort Property. (Def.’s S.M.F. ¶ 18; Pls.’ S.M.F. ¶ 58.) Latady first learned

about the attachment and encumbrance to the Frankfort Property on September 14, 2018. (Pls.’

S.M.F. ¶ 58.)

After his indictment, on September 17, 2018, Lindell conveyed his interest in the Frankfort

Property to Latady via a quitclaim deed.

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