ReignRock Capital Partners, LLC and Robert D. Richardson v. Daniel Gustav Tews

Texas Court of Appeals, 2nd District (Fort Worth)·Decided August 13, 2026·No. 02-25-00497-CV·Published

Opinion

In the

Court of Appeals

Second Appellate District of Texas at Fort Worth

No. 02-25-00497-CV

REIGNROCK CAPITAL PARTNERS, LLC AND ROBERT D. RICHARDSON, Appellants

V.

DANIEL GUSTAV TEWS, Appellee

On Appeal from the 48th District Court Tarrant County, Texas

Trial Court No. 048-362490-25

Before Kerr, Birdwell, and Wallach, JJ.

Memorandum Opinion by Justice Wallach

MEMORANDUM OPINION

In 2023, Appellee Daniel Tews was arrested and charged with committing theft from his former employer. After the criminal case was dismissed and his arrest was expunged, Tews sued the parties he blamed for his arrest: Appellant ReignRock Capital Partners, LLC (ReignRock) and its managing member, Appellant Robert D. Richardson. Alleging that the theft charge had been based on Richardson’s false statements, Tews asserted claims for malicious prosecution, defamation, and conspiracy. Appellants filed a motion to dismiss under the Texas Citizen Participation Act (TCPA), which the trial court granted as to the defamation and conspiracy claims but denied as to the malicious prosecution claim.

On appeal, Appellants argue in two issues that the trial court erred by (1) holding that Tews established by clear and specific evidence a prima facie case for the malicious prosecution elements challenged in their motion and (2) considering a Haltom City Police Department (HCPD) report included with Tews’s TCPA response. Because Tews produced sufficient evidence to make a prima facie case for malicious prosecution even without the police report, we will affirm.

Background

Tews’s malicious prosecution claim arose from his employment with Falcon Steel America, LLC (Falcon Steel). Falcon Steel is connected to Appellants through another entity, FSA Holdings, LLC (FSA Holdings): when Falcon Steel was formed,

its sole member was FSA Holdings, 1 an entity that is managed by ReignRock, which is in turn managed by Richardson.2 In November 2018, Falcon Steel gave Tews an offer letter for the position of its chief financial officer (CFO). The offer letter stated that the position paid $230,000 annually and that Tews would be eligible for certain benefits. Two of those benefits are at issue in this appeal. First, the offer letter provided that “[s]hould [Tews] be terminated without cause” within the first four years of employment, 3 he would be eligible for severance; for “Year 1,” the severance amount was “100% base salary.”

1 As we discuss in footnote 16 below, the parties disputed in the trial court and on appeal whether Tews became a part owner of Falcon Steel. We need not resolve this dispute.

2 Although ReignRock is a limited liability company, Tews refers to Richardson and two others—Steven Ganss and Douglas Kramp—as ReignRock partners, and documents in the record refer to Richardson as ReignRock’s managing partner. The record reflects that Falcon Steel was a partnership for tax purposes, but it does not reflect whether ReignRock is. See IRS, LLC filing as a corporation or partnership, https://www.irs.gov/businesses/small-businesses-self-employed/llc-filing-as-a- corporation-or-partnership (discussing when an LLC may be treated as a partnership for tax purposes). We assume that the parties use “partner” to mean “member” and “managing partner” to mean “manager,” but when discussing ReignRock, we use the term “partner” because the parties do. See Tex. Bus. Orgs. Code § 101.002(b)(4).

3 In his petition, Tews referred to the offer letter as an employment agreement, and Appellants did not dispute that assertion in their TCPA motion. Indeed, Appellants referred to it as an employment agreement in the trial court. Thus, for purposes of this appeal, we treat the offer letter as a contract. We further note that while the offer letter did not define “cause,” Appellants’ TCPA motion did not raise any argument that the company sale constituted cause to eliminate his employment. They argued only that despite the sale, Tews’s employment had not yet been terminated by Falcon Steel when he left the company and that it was Tews’s decision to leave the company when he did.

Second, the offer letter stated that Tews was eligible for an “on target incentive” (OTI) bonus of $57,500 based on goals “to be jointly discussed, defined[,] and agreed upon with [the] CEO.”

The offer letter also stated that within the first sixty days of his employment, he would be offered the opportunity to participate as an equity investor in Falcon Steel and that he would be “granted 270 management pool units in this position that will be vested over a four (4) year period.” The offer letter set an employment start date of December 10, 2018. Tews accepted the position.

Due to financial difficulties, Falcon Steel began looking to sell its assets soon after Tews started. Two buyers were located, and the assets were sold in mid-August 2019. Tews agreed to stay on temporarily; he alleged in his petition that he agreed to stay on through the sale. In April 2019, Falcon Steel’s managers4 signed a written consent authorizing the CEO “at his discretion” to pay Tews a retention bonus of an amount between 25% and 75% of his base pay (that is, $57,500 to $172,500). In mid-July, Tews and Richardson exchanged emails about Tews’s suggestion that he

4 See Tex. Bus. Orgs. Code § 101.302(d)(2) (providing that an LLC’s manager need not be a member). Tews’s petition and other parts of the record use the term “managers.” For purposes of this appeal, we assume by “directors,” the parties mean “managers.” Id. § 101.002(b)(4) (providing that for purposes of that section, a reference to “directors” of a manager-managed LLC is a reference to the managers); Jongebloed v. Tex. Lottery Comm’n, No. 03-08-00154-CV, 2009 WL 2837698, at *5 (Tex. App.—Austin Aug. 31, 2009, no pet.) (mem. op.) (“Generally speaking, a limited liability corporation is governed by one or more ‘managers,’ similar to directors in a business corporation.”).

remain with Falcon after the sale. Richardson characterized the idea as “a win-win for [Tews] and ‘old’ Falcon” because it would give Tews “a great runway” and would help with Falcon Steel’s wind-down. The emails did not discuss how long after the sale Tews would stay on.

On August 5, 2019, Tews met with Richardson, Ganss, and Kramp to discuss severance and bonus payments that Tews believed he was owed under the offer letter. At that time, in addition to being ReignRock members, Ganss was acting as Falcon Steel’s president and was one of its managers, and Kramp was its CEO and one of its managers. Tews alleged that at the meeting, he and the others reached an agreement that he would receive a $230,000 severance payment and another $230,000 in bonus payments—$57,500 as an OTI bonus (the amount provided for in his offer letter) and $172,500 as a retention bonus (the upper end of the bonus authorized by the company’s managers in April 2019).

Tews’s duties included approving payroll. On August 19, Richardson emailed Tews, Ganss, and Kramp, telling Tews that for payroll that week, he should include $50,000 for himself as a retention bonus.

On August 23, Tews authorized a bonus payment to himself. On August 30, he authorized another bonus payment and a $230,000 severance payment. He “grossed up” the bonus payments to account for taxes, resulting in the company paying $375,960.15 and his receiving $230,000. When Falcon Steel later issued a W-2 to Tews

for 2019, it reflected “[w]ages, tips, [and] other compensation” to Tews of $781,762.10.

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