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GAVALDON v. STANCHART SECURITIES INTERNATIONAL, INC.

Case No. 12cv3016-LAB (MDD).

SERGIO GAVALDON, et al., Plaintiffs, v. STANCHART SECURITIES INTERNATIONAL, INC., et al., Defendants.

United States District Court, S.D. California.

March 28, 2014.

Attorney(s) appearing for the Case

Sergio Gavaldon, Plaintiff, represented by Robert M Traylor, Seltzer Caplan McMahon Vitek.

Angelica Gavaldon, Plaintiff, represented by Robert M Traylor, Seltzer Caplan McMahon Vitek.

S&A Investments, Inc., Plaintiff, represented by Robert M Traylor, Seltzer Caplan McMahon Vitek.

Harley Invest Ltd., Plaintiff, represented by Robert M Traylor, Seltzer Caplan McMahon Vitek.

Stanchart Securities International, Inc., Defendant, represented by Jeffrey F. Yee, Greenberg, Traurig, LLP, Jonathan J. Rodriguez, Greenberg Traurig, P.A. & Ricardo A. Gonzalez, Greenberg Traurig, P.A..

Standard Chartered International (AMERICAS) Ltd., Defendant, represented by Jeffrey F. Yee, Greenberg, Traurig, LLP, Jonathan J. Rodriguez, Greenberg Traurig, P.A. & Ricardo A. Gonzalez, Greenberg Traurig, P.A..

ORDER DENYING MOTION TO VACATE ARBITRATION AWARD; AND ORDER TO SHOW CAUSE RE: DISMISSAL

LARRY ALAN BURNS, District Judge.

This case concerns a dispute over investments. Plaintiffs allege Defendants gave them bad counsel by recommending that they sell their conservative investments and buy risky and unsuitable investments, including a fund connected with the now-infamous Bernard Madoff. This, they allege, caused them to lose millions of dollars. Relying on...

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