Tamsco Properties, LLC v. Langemeier

MEMORANDUM

Tamsco Properties, LLC; JKR Laser Investment, LLC; Surfer Beach, LLC; and To Be Determined, LLC appeal from the district court’s orders compelling arbitration and denying a motion for reconsideration.

Individuals affiliated with Appellants attended conferences held by Appellees Loral Langemeier and Live Out Loud, Inc. (“LOL”). All conference attendees, including the individuals affiliated with Appellants, were required to sign an agreement that contained an arbitration clause.

Appellants allege that, in reliance on information presented at the conferences, they made investments that resulted in financial losses. Appellants brought suit against Langemeier and LOL alleging fraud, violation of section 3372 of the California Civil Code, breach of fiduciary duty, violation of federal and state securities laws, and violation of California’s Unfair Competition Law.

We review de novo district court decisions about the arbitrability of claims. Kramer v. Toyota Motor Corp., 705 F.3d 1122, 1126 (9th Cir.2013). We review a district court’s denial of a motion for reconsideration for abuse of discretion. Smith v. Clark Cnty. Sch. Dist., 727 F.3d 950, 954 (9th Cir.2013). Applying…