Welborne v. Ryman-Carroll Found.
California Court of Appeal, 5th District
1Opinion of the Court
GOODMAN, J.*
*721Martha L. Welborne (Welborne) sued Ryman-Carroll Foundation (Ryman) and others in an attempt to recover $490,108.16 which she claimed had been taken by her then-investment advisor, defendant Mark Foster (Foster), from Welborne's investment account at her investment advisory firm which Foster then used to repay a loan which an entity he controlled had obtained several years earlier from Ryman.
*722We hold that Welborne presented a sufficient prima facie case to require that Ryman's motion for summary judgment be denied. Accordingly, we reverse the judgment.1
FACTUAL AND PROCEDURAL HISTORY
2Cases cited13 opinions
- Aguilar v. Atlantic Richfield Co.California Supreme Court · 2001
- Guz v. Bechtel National, Inc.California Supreme Court · 2000
- Merrill v. Navegar, Inc.California Supreme Court · 2001
- Lectrodryer v. SeoulBankCalifornia Court of Appeal · 2000
- Nadaf-Rahrov v. the Neiman Marcus Group, Inc.California Court of Appeal · 2008
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3Cited by2 opinions
- Avetisyan v. Drinker Biddle & Reath CA2/7California Court of Appeal · 2021
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