Clear Blue Specialty Insurance Company v. OZY MEDIA, INC.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 7 CLEAR BLUE SPECIALTY INSURANCE Case No. 5:21-cv-08764-EJD
COMPANY,
ORDER DENYING DEFENDANTS Plaintiff, OZY MEDIA, INC. AND CARLOS WATSON’S MOTION TO DISMISS v. 11 OZY MEDIA, INC., et al., Re: Dkt. No. 24 12 Defendants.
13 Before the Court is Defendants Ozy Media, Inc. and Carlos Watson’s Motion to Dismiss (“MTD”) the Complaint. See Dkt. No. 24. The Court finds the motion appropriate for decision without oral argument pursuant to Civil Local Rule 7-1(b). For the reasons described below, the Court DENIES the motion to dismiss. I. BACKGROUND The current dispute arises from an insurance policy issued by Plaintiff Clear Blue Specialty Insurance Company (“Clear Blue”) and fraudulent actions allegedly taken by the corporate officers, Defendants Watson and Rao (collectively the “Officers”), of Defendant Ozy Media, Inc. (“Ozy”) during a meeting with Goldman…