Richardson M. Roberts v. F I N A N C I A L T E C H N O L O G Yventures, L.p.

NOT RECOMMENDED FOR FULL-TEXT PUBLICATION
File Name: 09a0260n.06
Filed: April 3, 2009
No. 07-6339
UNITED STATES COURT OF APPEALS
FOR THE SIXTH CIRCUIT
RICHARDSON M. ROBERTS,
Plaintiff-Appellant,
v.
F I N A N C I A L T E C H N O L O G Y
VENTURES, L.P., et al.,
Defendants-Appellees.
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ON APPEAL FROM THE UNITED
STATES DISTRICT COURT FOR THE
MIDDLE DISTRICT OF TENNESSEE
Before: BOGGS, Chief Judge; GIBBONS and GRIFFIN, Circuit Judges.
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 duplicative, we affirm on the basis of
the district court’s well-reasoned order of October 23, 2007, granting summary judgment to FTV and
finding the agreement in question invalid and unenforceable.

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