Faust

Guaranteed Rate, Inc. v. Faust

Good Law
United States District Court, Southern District of CaliforniaSeptember 19, 20243:24-cv-00434California2,699 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 13 GUARANTEED RATE, INC., Case No.: 3:24-cv-00434-W-DEB Claimant,

ORDER GRANTING CLAIMANT’S

v. PETITION FOR ORDER

COMPELLING ARBITRATION

RICHARD M. FAUST, [DOC. 1] Respondent. 19 Pending before the Court is Claimant Guaranteed Rate, Inc.’s (“GRI”) petition seeking an Order Compelling Respondent Richard M. Foust to arbitration for the above- entitled action. ([Doc. 1], Pet. for Order Compelling Arbitration (“Pet.”).) The Court decides the matter on the papers submitted and without oral argument. See Civ. L.R. 7.1(d)(1). For the reasons stated below, the Court GRANTS IN PART and DENIES IN PART GRI’s Petition [Doc. 1]. 26 27 28 I. BACKGROUND On February 8, 2022, Respondent Richard Faust executed three agreements with Claimant GRI. (Pet. at ¶¶ 7–8.) They each signed and acknowledged the “Compensation, Corporate Objective, and Loan Pricing Schedule” ([Doc. 1-6], at 18–36 “Schedule”), the “Retail Sales…

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