Supreme Court of Alabama
Dgb, LLC v. Michael Hinds
June 30, 20102010 Ala. LEXIS 116
Summary
The court held that the investors adequately alleged fraudulent concealment sufficient to invoke the statutory savings provision, so dismissal of their claims as time-barred was improper. It also held that the investors alleged individual injuries supporting standing and that several claims were adequately pleaded, while affirming dismissal of claims lacking particularity, legal support, or a viable theory. The judgment was therefore affirmed in part, reversed in part, and remanded for further proceedings.