Bowen v. Ziasun Technologies, Inc.
California Court of Appeal
[CERTIFIED FOR PARTIAL PUBLICATION*]
1Opinion of the Court
Opinion
NARES, Acting P. J.
This is an appeal from a grant of summary judgment in favor of defendant Ziasun Technologies, Inc. (Ziasun), on two consolidated actions filed by plaintiffs Scott Bowen and Leif Aa. Fredsted (together sometimes, plaintiffs), which alleged that they were defrauded by a “pyramid” or “Ponzi” scheme orchestrated by foreign brokerage houses from which they purchased shares of stock. The court granted summary judgment in favor of Ziasun, finding that there was no legal basis for or evidence to support plaintiffs’ claims against Ziasun.
On appeal Bowen and Fredsted assert…
2Cases cited30 opinions
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- Barquis v. Merchants Collection Assn.California Supreme Court · 1972
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