Prime Eagle Group Limited v. Steel Dynamics, Inc.

Dist. Ct. did not err in dismissing as untimely plaintiff's action arising out of defendant's alleged fraudulent assessment that plaintiff's steel mill had bad design flaws, where applicable Indiana statute of limitations for fraud action is six years, and where instant lawsuit was filed approximately 10 years after plaintiff's president wrote letter to plaintiff's Bd. of Directors that disagreed with defendant's assessment. President's knowledge that defendant's assessment was false was imputed to plaintiff for purposes of starting limitations period. Fact that Bd. had lost confidence in president at time letter was written did not provide exception to general rule that employee's knowledge of matter within scope of his duties is imputed to employer.