DocketNumber: No. 4D05-2002
Citation Numbers: 927 So. 2d 972, 2006 Fla. App. LEXIS 4398, 2006 WL 782833
Judges: Hazouri, Klein, Warner
Filed Date: 3/29/2006
Status: Precedential
Modified Date: 10/18/2024
HR Marketing appeals an order dismissing its complaint which alleged misrepresentation, fraud and breach of fiduciary duty, for failure to state a cause of action. We reverse.
The complaint alleged that plaintiff HR Marketing and defendant Bernal each owned fifty percent of ROI Network, L.L.C. and Myleads, L.L.C. Defendants approached plaintiff about purchasing plaintiffs one-half interest in ROI and My-leads. They falsely represented that there was no pending negotiation for a sale of ROI or Myleads to Equifax which induced plaintiff to sell its interest in ROI and Myleads. As part of the transaction plaintiff executed a general release. Several months later, contrary to the representation, Equifax purchased ROI and Myleads.
Defendants rely on the release; however, the allegations of the complaint are that the entire sale, which included the release, was fraudulently induced. The fraud would vitiate the entire transaction. D & M Jupiter, Inc. v. Friedopfer, 853 So.2d 485 (Fla. 4th DCA 2003). We have considered appellees’ other arguments for affirming and find them to be without merit. Reversed.