Bernard D. Spangler and Vivian N. Spangler v. Wells Fargo Securities Inc. et al.
Published: Mar. 11, 2006 | Result Date: Oct. 26, 2005 | Filing Date: Jan. 1, 1900 |Case number: 0404639 – $0
Judge
Court
L.A. Superior Central
Attorneys
Plaintiff
Defendant
Thomas F. Kopshever
(Wells Fargo Law Dept.)
Facts
Claimants Bernard D. Spangler and Vivian N. Spangler filed a statement of claim against respondents Wells Fargo Securities Inc. and Wells Fargo Investments LLC. They alleged breach of contract, breach of fiduciary duty, unsuitability, fraud, misrepresentation and omission of facts and failure to supervise. Their allegations involved transactions in Comdisco bonds.
Respondents denied the claims of wrongdoing and asserted various affirmative defenses.
Damages
Claimants requested $129,040 in compensatory damages, $258,080 in punitive damages, attorney fees and costs. Respondents requested dismissal of claimants' statement of claim in its entirety and costs.
Result
Claimants' claims were denied in their entirety and the parties beared their respective costs, including attorney fees.
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