OCM Principal Opportunities Fund v. CIBC World Markets Corp., B172588
In actions initiated by investment funds alleging misrepresentation and fraud in connection with the issuance and sale of promissory notes, denial of prejudgment interest is reversed as the jury's verdict was that plaintiffs had prevailed on their claim against defendant under Corporation Code sections 25400 and 25500.
- Decided 12/05/2007
- Published 12/05/2007
- California Court of Appeal
- For Appellant:
- Hennigan, Bennett & Dorman, J. Michael Hennigan, Robert L. Palmer, William B. Stoner, James P. Habel, Michael Swartz, Jeffrey S. Koenig and Allison K. Chock, Los Angeles; Greines, Martin, Stein & Richland, Irving H. Greines and Marc J. Poster, Los Angeles, for Plaintiffs and Appellants.
- For Appellees:
- Mayer, Brown, Rowe & Maw, Donald M. Falk, Neil M. Soltman and Fredrick S. Levin, Los Angeles, for Defendant and Appellant.