Talley

Talley v. Valuation Counselors Group, Inc.

Good Law
119 Cal. Rptr. 3d 300·191 Cal. App. 4th 132·2010 Cal. App. LEXIS 2146
Court of Appeal of CaliforniaDecember 22, 2010No. D055894California8,833 words

Opinion

Lead Opinion

Huffman, J.

*136 Opinion

Since 2001, this long-ranning dispute has traveled back and forth between state and federal courts at the respective trial and appellate levels. We now have before us the trial court’s appealable orders vacating certain judgments of dismissal of an action, in which plaintiff, respondent and cross-appellant, Bruce R. Talley (Talley), asserted tort claims (fraud and related theories), based upon the different roles of several sets of defendants in alleged securities fraud activities in the 1990’s, that allegedly ruined his career by drawing him into the schemes, in the role of a salesman of worthless bonds to private clients, who then sued him and the others.

We have previously visited these circumstances and related issues at the pleadings stage in this court’s prior opinion in Talley v. Miller & Schroeder (Sept. 12, 2007, D048438) (nonpub. opn.) (our prior opinion). There, we reviewed three separate 2005 and 2006 demurrer dismissals with prejudice that were granted in favor of three sets of individual defendants who were involved in various ways in the securities transactions (here, sometimes the individual appellants). 1 We upheld those dismissals with prejudice as…

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