Court of Appeal Affirms Nonsuit in Securities Dispute


The Sixth Appellate District of the California Court of Appeal has affirmed a trial court judgment rendered in favor of the firm’s client Dr. Edmund Sun.  (Kuo v. Sun, Cal. Court of Appeal Case No. H031575.)  The underlying lawsuit was filed by Mali Kuo on behalf of Oregon Power Lending Institution and others who participated in a private placement with Digital Video Systems, a company founded by Dr. Sun.  Agreeing with the trial court decision to grant the firm’s motion for non-suit, the court of appeal held that Kuo’s causes of action were barred by the statute of limitations, and there otherwise was insufficient support for her claims.  The firm represented Dr. Sun at trial and on appeal.

email article share article