California Court of Appeal

A money transmitter is not statutorily obligated to disclose either 1)the rate at which it purchases foreign currency, or 2)its profit on the foreign exchange spread.

Appellate Information

• Decided 06/07/2005
• Published 06/07/2005

Judges

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• White, Noon and Oliver, Daniel M. White and Timothy S. Noon;  Franklin and Franklin, J. David Franklin, San Diego, for Plaintiff and Appellant.


• For Appellees:
  
• Carroll, Burdick & McDonough, and Tiffany Rystrom;  Rogers & Harris, and Michael Harris;  Squire, Sanders & Dempsey, Juliana J. Keaton and Ben Chung, Los Angeles, for Defendants and Respondents.