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FEDERAL DEPOSIT INSURANCE CORPORATION v. PRICE

Case No. 2:12-cv-148-FTM-99DNF.

FEDERAL DEPOSIT INSURANCE CORPORATION, as receiver for Florida Community Bank, Plaintiff, v. STEPHEN L. PRICE, BEAUFORD DAVIDSON, PATRICK LANGFORD, JON R. OLLIFF, D.D.S, JAMES O'QUINN, BERNARD RASMUSSEN, and DANIEL ROSBOUGH, Defendants.

United States District Court, M.D. Florida, Orlando Division.

August 8, 2012.

Attorney(s) appearing for the Case

Federal Deposit Insurance Corporation, as Receiver for Florida Community Bank, Plaintiff, represented by Carla M. Barrow , Lydecker Diaz & Carlos Luis de Zayas , Lydecker Diaz.

Stephen L. Price, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

Beauford Davidson, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

Patrick Langford, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

Jon R. Olliff, D.D.S., Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

James O'Quinn, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

Bernard Rasmussen, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

Daniel Rosbough, Defendant, represented by Austin M. Hall , Alston and Bird LLP, Kelley Geraghty Price , Cohen & Grigsby, PC & Mary C. Gill , Alston & Bird, LLP.

ORDER

GREGORY A. PRESNELL, District Judge.

This matter comes before the Court on the Motion to Dismiss (Doc. 23) filed by all of the Defendants other than Stephen Price1 (henceforth, the "Movants") and the response (Doc. 39) filed by the FDIC.

I. Background

According to the allegations of the Complaint (Doc. 1), which are accepted as true for purposes of resolving this motion, the instant case arises out of...

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