MBI Acquisition Partners, L.P. v. Chronicle Publishing Co.

OPINION AND ORDER

CRABB, District Judge.

This is a civil action for monetary relief in which plaintiff MB I Acquisition Partners, L.P., contends that defendants The Chronicle Publishing Company and Richard Suomala fraudulently induced plaintiff to enter into a contract by failing to disclose the accurate value of unprocessed returns and the existence of a warehouse used to store unprocessed returns and by representing expressly that the current level of unprocessed returns was consistent with historical levels.

Plaintiff alleges six causes of action: (1) violation of federal securities law, §…