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OCM Principal Opportunities Fund v. CIBC World Markets Corp.

Where jury found for plaintiff on misrepresentation and fraud claims, its denial of prejudgment interest pursuant to Corporations Code Section 25500 is reversed.





Cite as

2007 DJDAR 18984

Published

Dec. 28, 2007

Filing Date

Dec. 26, 2007


Filed 12/26/07

OCM Principal Opportunities Fund et al.,

Plaintiffs and Appellants,

v.

CIBC World Markets Corp.,

Defendant and Appellant;

 

TCW Shared Opportunity Fund II et al.,

Plaintiffs and Appellants,

v.

CIBC World Markets Corp.,

Defendant and Appellant.

 

No. B172588

(Los Angeles County

Super. Ct. No BC229069 and

BC250268)

California Court of Appeal

Second Appellate District

Division Four

Filed December 26, 2007

 

ORDER MODIFYING OPINION

[No Change in Judgment]

 

THE COURT:*

 

     It is ordered that the opinion filed herein on December 5, 2007 be modified as follows:

 

     1.  On page 22, line 2, delete "1997" and replace it with "1996"

     2.  On page 52, line 2, before "reflects," insert: 

                      essentially

 

     3.  On page 55, line 17, delete the phrase "two dollars more than" 

    

     There is no change in the judgment.

 

 

 

*EPSTEIN, P. J.           MANELLA, J.                SUZUKAWA, J.

 

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