Legal Opinion
Trustees of Capital Wholesale Electric Co. Profit Sharing & Trust Fund v. Shearson Lehman Bros.
California Court of Appeal
Decided June 21, 1990No. C004826PublishedCited by 13 opinions
1Opinion of the Court
Opinion
MARLER, J.
Plaintiffs, trustees of the Capital Wholesale Electric Company Profit Sharing and Trust Fund (the Trustees), appeal from a judgment dismissing their complaint against Shearson Lehman Brothers, Inc. (Shear-son) 1 after the trial court sustained Shearson’s demurrer without leave to amend. The Trustees contend the trial court erred in sustaining the demurrer without leave to amend. We affirm.
Factual and Procedural Background
This case arises out of a securities account the Trustees opened with Shearson’s predecessor in interest, Lehman Brothers Kuhn Loeb, Inc., in 1979. After…
2Cases cited24 opinions
- Foley v. Interactive Data Corp.California Supreme Court · 1988
- In Re Marriage of FlahertyCalifornia Supreme Court · 1982
- Barquis v. Merchants Collection Assn.California Supreme Court · 1972
- Goodman v. KennedyCalifornia Supreme Court · 1976
- Seaman's Direct Buying Service, Inc. v. Standard Oil Co.California Supreme Court · 1984
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3Cited by13 opinions
- Careau & Co. v. Security Pacific Business Credit, Inc.California Court of Appeal · 1990
- Romano v. Rockwell International, Inc.California Supreme Court · 1996
- Cantu v. Resolution Trust Corp.California Court of Appeal · 1992
- Cates Construction, Inc. v. Talbot PartnersCalifornia Supreme Court · 1999
- Marketing West, Inc. v. Sanyo Fisher (USA) Corp.California Court of Appeal · 1992
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