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Porter v. First Bankshares, Inc.

United States Court of Appeals, Fourth Circuit
Jan 19, 2023
No. 22-1685 (4th Cir. Jan. 19, 2023)

Opinion

22-1685

01-19-2023

SHERRIE N. PORTER, Plaintiff-Appellant, v. FIRST BANKSHARES, INC.; PHILLIP VALLANDINGHAM; P. ANDREW VALLANDINGHAM; SAMUEL VALLANDINGHAM; STEPHANIE V. MAYBERRY; ROBERT JACKSON DILLEY; DANIEL T. YON; RONALD W. WOODELL; MICHAEL S. LUNSFORD, as Directors of either or both First Bankshares, Inc., and The First State Bank of Barboursville; ANY AND ALL OTHER UNNAMED AND TO BE DETERMINED DIRECTORS THEREOF; GUYAN HOLDING COMPANY; FIRST BANKSHARES TRUST PREFERRED I, Defendants-Appellees, and THE FIRST STATE BANK OF BARBOURSVILLE; THE FIRST COMPANY; WEST VIRGINIA DEVELOPMENT LOAN FUND, INC., Defendants.

Paula L. Harbour, PAULA L. HARBOUR PLLC, Huntington, West Virginia; W. Stephen Flesher, LAW OFFICES OF W. STEPHEN FLESHER, Barboursville, West Virginia, for Appellant. J. Mark Adkins, William M. Lorensen, BOWLES RICE, LLP, Charleston, West Virginia, for Appellees.


UNPUBLISHED

Submitted: January 17, 2023

Appeal from the United States District Court for the Southern District of West Virginia, at Huntington. Robert C. Chambers, District Judge. (3:21-cv-00464)

ON BRIEF:

Paula L. Harbour, PAULA L. HARBOUR PLLC, Huntington, West Virginia; W. Stephen Flesher, LAW OFFICES OF W. STEPHEN FLESHER, Barboursville, West Virginia, for Appellant.

J. Mark Adkins, William M. Lorensen, BOWLES RICE, LLP, Charleston, West Virginia, for Appellees.

Before KING, Circuit Judge, and TRAXLER, Senior Circuit Judge.

Affirmed by unpublished per curiam opinion.

Unpublished opinions are not binding precedent in this circuit.

PER CURIAM

Sherrie N. Porter appeals the district court's order granting summary judgment in favor of Defendants on Porter's remaining claim against her former employer and officers and directors thereof, alleging that Defendants wrongfully failed to withdraw or transfer assets in Porter's stock employee ownership fund upon her request. The court had previously dismissed Porter's claim that Defendants mismanaged the company, causing the value of the stock to drop, thereby diminishing the value of Porter's retirement assets, for lack of standing as only the plan trustee could bring such a claim. On appeal, Porter does not challenge the district court's rulings. Rather, she asserts a new claim: that the administrator and trustees of the plan breached fiduciary duties owed to her. Because Porter raises this claim for the first time on appeal, we decline to consider it. See In re Under Seal, 749 F.3d 276, 285 (4th Cir. 2014). And because Porter fails to challenge the district court's rulings, Porter has waived any claim of error in the district court's orders. See Belk, Inc. v. Meyer Corp., U.S., 679 F.3d 146, 153 n.4, 6 (4th Cir. 2012). Accordingly, we affirm. We dispense with oral argument because the facts and legal contentions are adequately presented in the materials before this court and argument would not aid the decisional process.

AFFIRMED

The opinion is filed by a quorum of the panel pursuant to 28 U.S.C. § 46(d).


Summaries of

Porter v. First Bankshares, Inc.

United States Court of Appeals, Fourth Circuit
Jan 19, 2023
No. 22-1685 (4th Cir. Jan. 19, 2023)
Case details for

Porter v. First Bankshares, Inc.

Case Details

Full title:SHERRIE N. PORTER, Plaintiff-Appellant, v. FIRST BANKSHARES, INC.; PHILLIP…

Court:United States Court of Appeals, Fourth Circuit

Date published: Jan 19, 2023

Citations

No. 22-1685 (4th Cir. Jan. 19, 2023)