Case Name: Richardson M. ROBERTS, Plaintiff-Appellant, v. FINANCIAL TECHNOLOGY VENTURES, L.P., et al., Defendants-Appellees
Court: United States Court of Appeals for the Sixth Circuit
Jurisdiction: United States
Decision Date: 2009-04-03
Citations: 320 F. App'x 350
Docket Number: No. 07-6339
Parties: Richardson M. ROBERTS, Plaintiff-Appellant, v. FINANCIAL TECHNOLOGY VENTURES, L.P., et al., Defendants-Appellees.
Judges: Before: BOGGS, Chief Judge; GIBBONS and GRIFFIN, Circuit Judges.
Reporter: West's Federal Appendix
Volume: 320
Pages: 350–350

Head Matter:
Richardson M. ROBERTS, Plaintiff-Appellant, v. FINANCIAL TECHNOLOGY VENTURES, L.P., et al., Defendants-Appellees.
No. 07-6339.
United States Court of Appeals, Sixth Circuit.
April 3, 2009.
Before: BOGGS, Chief Judge; GIBBONS and GRIFFIN, Circuit Judges.

Opinion:
JULIA SMITH GIBBONS, Circuit Judge.
Plaintiff-appellant Richardson M. Roberts appeals the decision of the district court granting summary judgment for defendants-appellees Financial Technology Ventures, L.P., and its affiliated entities ("FTV"). Roberts sued FTV to recover a $10 million payment for agreeing to sell Verus Financial Management, Inc., a credit-card payment processing company, to the defendants. After carefully reviewing the record, the applicable law, the parties' briefs, and having had the benefit of oral argument, we find that the district court's opinion correctly sets out the facts and the governing law. Because this court's issuance of a full opinion would serve no jurisprudential purpose and would be duplica-tive, we affirm on the basis of the district court's well-reasoned order of October 23, 2007, 2007 WL 3125289, granting summary judgment to FTV and finding the agreement in question invalid and unenforceable.