(Download) "Grant Thornton Llp v. Suntrust Bank" by The Court of Appeals of the Fourth District of Texas # Book PDF Kindle ePub Free
eBook details
- Title: Grant Thornton Llp v. Suntrust Bank
- Author : The Court of Appeals of the Fourth District of Texas
- Release Date : January 29, 2004
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 79 KB
Description
This case involves a lawsuit against a public accounting firm, Grant Thornton LLP, for material misstatements and omissions of material facts in the registration statement for the initial public offering of Bollinger Industries, Inc. The trial court certified as a class action two of the causes of action brought by Suntrust Bank, Atlanta, (Suntrust) as Trustee for Suntrust Retirement Sunbelt Equity Fund (Sunbelt) and by STI Classic Funds for STI Classic Small Cap Growth Stock Fund (STI). Grant Thornton brings this interlocutory appeal of the trial courts amended order certifying a class. See Tex. Civ. Prac. & Rem. Code Ann. § 51.014(a)(3) (Vernon Supp. 2004). Grant Thornton raises three issues: (1) whether questions of law and fact common to the class predominate over individual questions, (2) whether a class action is superior to other available methods of adjudication, and (3) whether the claims of the named parties are typical of the class. We affirm the trial courts amended order granting class certification.