Spartan Capital Securities, LLC v. Vicinity Motor Corp
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 SPARTAN CAPITAL SECURITIES, LLC, Case No. 23-cv-01180-TSH
Plaintiff,
ORDER GRANTING IN PART AND
v. DENYING IN PART MOTION TO
DISMISS
VICINITY MOTOR CORP, Re: Dkt. No. 14 Defendant.
12 I. INTRODUCTION In this breach of contract case, Spartan Capital Securities, LLC alleges Vicinity Motor Corp. improperly issued securities using a competing company, in violation of a letter of intent. Pending before the Court is Vicinity’s Motion to Dismiss pursuant to Federal Rule of Civil Procedure 12(b)(6). ECF No. 14. Spartan filed an Opposition (ECF No. 20) and Vicinity filed a Reply (ECF No. 21). The Court finds this matter suitable for disposition without oral argument and VACATES the June 22, 2023 hearing. See Civ. L.R. 7-1(b). For the reasons stated below, the Court GRANTS IN PART and DENIES IN PART the motion.1 II. BACKGROUND A. Parties Spartan is a limited liability…