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LANIER v. SYNCREON HOLDINGS, LTD.

Case No. 11-14780.

WILLIE E. LANIER, SR., Plaintiff, v. SYNCREON HOLDINGS, LTD., SYNCREON HOLDINGS, INC., and BRIAN ENRIGHT, Defendants.

United States District Court, E.D. Michigan, Southern Division.

April 17, 2014.

Attorney(s) appearing for the Case

Willie E. Lanier, Sr., Plaintiff, represented by David B. Fawcett , Reed Smith LLP, Thomas M. Pohl , Reed Smith LLP & Cynthia E. Kernick , Reed Smith LLP.

Syncreon Holdings Ltd., Defendant, represented by Anne Owings Ford , McDonald Hopkins LLC, John E. Benko , McDonald Hopkins PLC, Michael G. Latiff , McDonald Hopkins, PLC & Timothy J. Lowe , McDonald Hopkins PLC.

Brian Enright, Defendant, represented by Anne Owings Ford , McDonald Hopkins LLC, John E. Benko , McDonald Hopkins PLC, Michael G. Latiff , McDonald Hopkins, PLC & Timothy J. Lowe , McDonald Hopkins PLC.

Syncreon Holdings, Inc., Defendant, represented by John E. Benko , McDonald Hopkins PLC, Michael G. Latiff , McDonald Hopkins, PLC & Timothy J. Lowe , McDonald Hopkins PLC.

Syncreon Holdings, Inc., Counter Claimant, represented by John E. Benko , McDonald Hopkins PLC, Michael G. Latiff , McDonald Hopkins, PLC & Timothy J. Lowe , McDonald Hopkins PLC.

Willie E. Lanier, Sr., Counter Defendant, represented by Thomas M. Pohl , Reed Smith LLP & Cynthia E. Kernick , Reed Smith LLP.

Syncreon Holdings, Inc., Counter Claimant, represented by John E. Benko , McDonald Hopkins PLC, Michael G. Latiff , McDonald Hopkins, PLC & Timothy J. Lowe , McDonald Hopkins PLC.

Willie E. Lanier, Sr., Counter Defendant, represented by Thomas M. Pohl , Reed Smith LLP & Cynthia E. Kernick , Reed Smith LLP.

ORDER GRANTING PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT AND DENYING DEFENDANTS' MOTION FOR SUMMARY JUDGMENT

VICTORIA A. ROBERTS, District Judge.

I. INTRODUCTION AND BACKGROUND

In this fraud action, Willie Lanier argues that Defendants duped him into signing a Share Purchase Agreement (the "SPA") requiring him to sell his shares and resign as Director and CEO of syncreon.US. Defendants are syncreon Holdings, Ltd. ("syncreon...

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