FRANKLIN, Tenn., May 22, 2015 /PRNewswire/ -- The following statement was issued on April 17, 2015:

In an Order entered today in the Chancery Court for Williamson County, Tennessee, a lawsuit filed against Larry Beckwith by his former wife, Jamie Beckwith, was dismissed with prejudice.

The Beckwiths were divorced in 2011 and had divided their marital property by agreement.  Years after the divorce was final, Ms. Beckwith filed a civil lawsuit claiming that Mr. Beckwith had failed to provide accurate information regarding a marital asset.  Included in the lawsuit were allegations of fraud and securities violations, all of which Mr. Beckwith strongly denied.

Following investigation, discovery, and document production, Jamie Beckwith retracted and withdrew all claims, including those for fraud and violations of the Tennessee Securities Act.  She filed a Verified Amended Complaint affirmatively removing all allegations and sought a declaratory judgment based on factual disagreement/misunderstanding.  The Order of Dismissal dismissed all claims on the merits.

Both Jamie Beckwith and Larry Beckwith are pleased that they were able to resolve their differences. 

Pursuant to the terms of the Order of Dismissal, the Parties are responsible for an equal share of the court costs and their own attorneys' fees and discretionary costs.

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SOURCE Larry Beckwith

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