Spellman v. Securities

Plaintiffs appeal from the judgment of dismissal following the sustaining without leave to amend demurrers to the second amended complaint of defendants Highland Federal Bank (Highland), Ben Karmelich (Karmelich), Selina Elizabeth Pratt (Pratt), and H.F.S. Corporation (HFS; collectively, the Highland defendants) The court found the complaint failed to state a cause of action for Racketeer Influenced and Corrupt Organizations Act (RICO) violations, fraud or fraudulent concealment. The court