California Court of Appeal

Business and Professions Code section 17200 does not apply to securities transactions. Summary judgment was properly granted to defendant on claims that it defrauded plaintiffs by inducing them to invest in a Ponzi scheme via misstatements and omissions of fact.

Appellate Information

• Decided 03/08/2004
• Published 03/08/2004

Judges

• NARES, Acting P.J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
•  James A. Shalvoy, Manhattan Beach, for Plaintiffs and Appellants.


• For Appellees:
  
• Smith, Chapman & Campbell, John S. Clifford, Tustin, and Stephanie P. Alexander, Carlsbad, for Defendant and Respondent.