UN PUBLISHED
UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT

No. 1 7
- 1077

FIDELITY AND GUARANTY LIFE INSURANCE COMPANY , Plaintiff

- Appellee ,

v. UNITED ADVISORY GROUP, INCORPORATED, d/b/a Qintera Financial Group; JOSEPH ROOSEVANS , Defendants

- Appellants , and
JAMES STODDARD , Defendant

.
Appeal from the United States District Court for the District of Maryland, at Baltimore

. J. Frederick Motz, Senior District Judge

. ( 1:13−cv−00040−CCB )
Argued: December 6 , 2017 Decided: January 29, 2018

Before N IEMEYER , TRAXLER , and KEENAN , Circuit Judge s
.

Affirmed by un published per curiam opinion

.

ARGUED: Scott Michael Swafford, SWAFFORD LAW LLC, Annapolis, Maryland, for Appellants. Priscilla Alden Donovan, DONOVAN & RAINIE, LLC, Baltimore,2 Maryland, for Appellee. ON BRIEF: Daniel J. Donovan, DONOVAN & RAINIE, LLC, Baltimore, Maryland, for Appellee.

Un published opinions are not binding precedent in this circuit.3 PER CURIAM :
T his case , at its core, is a contractual dispute about whether and under what conditions must United Advisory Group, Inc., d/b/a Qintera Financial Group (“Qintera”) , and its principals repay $500,000 that they borrowed from Fidelity & Guaranty Life Insurance Company (“Fidelity”) to fund operating capital for a n upstart business venture

. In August 2012, Fidelity loaned Qintera $500,000 to launch a multi

- level
marketin g business in which Qintera would recruit agents, who themselves would recruit additional agents, to sell Fidelity life insurance policies to consumers, generating premiums for Fidelity and commissions for Qintera. Under the arrangement, i f Qintera

were t o have sold a n agreed number of policies, the loan would be forgiven ; o therwise, by the end of 2014 , Qintera would have to repay it

. Shortly after the loan was made, the arrangement fell apart, and in October 2012, Fidelity demanded immediate repayment of the loan. At that time, Qintera was getting its business up and running, although it was engaged in preparations to hire numerous agents . A fter Fidelity called the loan, Qintera’s business collapsed. And because , among other reasons, Fidelity and Qintera dis agre ed about whether Fidelity was justified in accelerating repayment of the loan, the loan was never repaid. Fidelity commenced this action , in diversity , against Qintera and two of its principals, Joseph Roo sevans and James Stoddard, both of whom signed the loan
documents , for breach of contract and unjust enrichment, seeking recovery of the $500,000 principal amount. Qintera filed a counterclaim against Fidelity for breach of4 contract in accelerating the lo an and for tort i ously interfering with its prospective business opportunities. Following a four

- day jury trial, the district court granted Fidelity’s motion for judgment as a matter of law on Qintera’s counterclaims. The jury then returned a verdict
in f avor of Fidelity in the amount of $500,000, assessing $342,033 against Qintera, $137,758 against Roosevans, and $20,208 against Stoddard. Qintera and Roosevans appealed, charging the district court with numerous errors during the course of the trial
and i n gra nting judgment as a matter of law on Qintera’s counterclaims. Having carefully reviewed the record and the parties’ brief s and having considered fully their arguments , w e are satisfied that none of the errors charged to the district court

warrant s re versal. Broadly, the jury was justified in concluding , as a factual matter , that
Roosevans was unjustly enriched by the amount of $137,758 . Evidence was presented to support a finding that he used $137,758 of the borrowed funds for ventures not anticipat ed by the parties’ agreement. Moreover, the district court correctly concluded that Qintera had failed to present sufficient evidence of damages in connection with its
tortious interference claim and that Fidelity was entitled, by the terms of the agreeme nt between the parties , to accelerate repayment of the loan , as it did. Accordingly, we affirm the judgment of the district court.
AFFIRMED