Gavaldon
Gavaldon v. Standard Chartered Bank International (Americas) Ltd.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 ANGELICA GAVALDON, et al., Case No.: 16cv590-LAB (MDD)
Plaintiffs,
ORDER GRANTING IN PART
v. MOTION TO DISMISS; AND
STANDARD CHARTERED BANK
ORDER PERMITTING BRIEFING
INTERNATIONAL (AMERICAS)
ON SUPPLEMENTAL
LTD.
JURISDICTION AND REMAND
16 Defendant.
This is the latest of several cases involving securities claims connected with the Bernie Madoff investments scandal. Plaintiff Angelica Gavaldon is an individual investor who alleges Defendants misled her and her late husband Sergio about investments, causing them to lose money. Plaintiffs S&A Investments, Inc. and Harley Invest Ltd. are Cayman Island pass-through entities that the Gavaldons formed in order to invest. Plaintiffs, who are represented by counsel, have formally amended three times, and have been given specific instructions about the deficiencies in their pleadings. (See Docket nos. 20, 28, 31, and 33.) After the…