Frady

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA Eric FRADY, et al., Case No.: 23-cv-0158-AGS-JLB Plaintiffs, ORDER GRANTING IN PART

MOTION TO DISMISS (ECF 23)

v. NEW PEAKS LLC, et al. Defendants. 8 In this corporate-fraud lawsuit, the defense moves to dismiss for lack of personal jurisdiction and sundry pleading defects. BACKGROUND1 Defendants Richard Tan and Michael Burnett run a “global educational empire spread across 35 countries” that organizes events featuring noted speakers, such as former U.S. presidents. (ECF 1, at 4.) According to the complaint, they also run a web of shell companies that defrauded plaintiffs. The scam purportedly went like this. Tan and Burnett own the Australian parent company Success Resources Global Media (SRGM), which holds “all the true assets and intellectual property” and pulls the strings of its subordinates. (ECF 1, at 5.) In particular, SRGM owns RTMB Venture Inc. (acronym for “Richard Tan Michael Burnett”), which in 20 …