Harish v. Raj

Ruffin, Judge.

Drs. Gorli Harish, D. M. Jayaram and Ujjal Sandhu (collectively “plaintiffs”) sued Ranjan Raj and Gurubasava Raj (collectively “defendants”), alleging defendants fraudulently conspired to obtain their shares of Universal Business Partners, Inc. (“Universal”) for significantly less than its true market value in violation of the Georgia RICO statute (OCGA § 16-14-1 et seq.). The complaint also alleged fraud and deceit and breach of fiduciary duty. The trial court granted summary judgment to defendants, finding (1) defendants did not owe a fiduciary duty to plaintiffs since they…