This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

Business Law
Breach of Fiduciary Duty
Partnership

Dunn v. Hasler

Published: Dec. 21, 1996 | Result Date: Nov. 26, 1996 | Filing Date: Jan. 1, 1900 |

Case number: H1793543 –  $1,570,340

Judge

Jacqueline Taber

Court

Alameda Superior


Attorneys

Plaintiff

Robert A. Huddleston
(Huddleston & Sipos Law Group LLP)


Defendant

Robert Cohn Postar


Experts

Plaintiff

Michael Teutschel
(technical)

Defendant

Michael Gabrielson
(technical)

Facts

The three individual plaintiffs were business partners with the defendant in the three plaintiff businesses. The defendant was the CFO. The plaintiffs contended that the defendant lied about his qualifications, embezzled money from the business, concealed his embezzlement, and mismanaged the business. The defendant contended that all owners were jointly involved in management decisions and consented to all transactions. The plaintiffs, the business owners and the businesses, brought this action against the defendant CFO based on fraud, breach of fiduciary duty and negligence theories of recovery.

Settlement Discussions

The plaintiffs made a settlement demand for $500,000. The defendant made a C.C.P. º998 offer of compromise for $50,000.

Other Information

The verdict was reached approximately two years and two months after the case was filed. SETTLEMENT CONFERENCE: A settlement conference was held on Aug. 9, 1996. It did not resolve the matter.

Deliberation

7 days

Poll

__________ (#s pls.)

Length

32 days


#79099

For reprint rights or to order a copy of your photo:

Email jeremy@reprintpros.com for prices.
Direct dial: 949-702-5390