Plaintiffs, who were all limited partners in a partnership in which debtor was the general partner, filed an adversary complaint alleging non-dischargeability of their claims against debtor, which the bankruptcy court dismissed. On appeal, the district court affirmed, concluding that plaintiffs had failed to meet the burden of proving their claims under 11 U.S.C. § 523(a)(2)(A) and (a)(4). Specifically, the district court determined that plaintiffs had failed to provide clear and convincing evidence that debtor's statements that induced them to invest in the partnership satisfied the elements of § 523(a)(2)(A), or that debtor was a "fiduciary" within the meaning of § 523(a)(4).