Terry D. Earl v. Farmers Insurance Exchange, et al.
Published: Aug. 24, 1996 | Result Date: Jul. 11, 1996 | Filing Date: Jan. 1, 1900 |Case number: 704484 – $0
Judge
Court
Orange Superior
Attorneys
Plaintiff
Defendant
Todd A. Picker
(Vanderford & Ruiz, LLP)
Experts
Plaintiff
Mary Tole
(technical)
Facts
The plaintiff, Terry D. Earl, claimed that in 1989 he was fraudulently induced by defendant Farmers Insurance Exchange to acquire a partnership interest in a Farmer's Insurance Agency operated by a settling defendant. Defendant Farmers contended that it had nothing to do with the plaintiff and that no deceit had occurred. The plaintiff brought this action against the defendants based on deceit and common counts theories of recovery.
Settlement Discussions
The plaintiff made a settlement demand for $500,000. The defendants made a C.C.P. º998 offer of compromise for $1,500.
Damages
The plaintiff claimed $250,000 in economic damages, plus lost wages, benefits and punitive damages.
Other Information
The court's decision was reached after the plaintiff rested the liability portion of his case. The plaintiff's prior settlements before trial totaled $130,000 (net).
Deliberation
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Poll
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Length
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