Warfield v. Bestgen, No. 07-15586 - Contract Law - U.S. Ninth Circuit
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Warfield v. Bestgen, No. 07-15586

In an action by the receiver of a foundation found to have engaged in fraudulent investment sales to recover commissions paid to the foundation's salespersons, judgment for Plaintiff is affirmed, where the charitable gift annuities sold by Defendants were investment contracts under federal securities law.

Read Warfield v. Bestgen, No. 07-15586

Appellate Information

Argued October 23, 2008

Filed June 24, 2009

Judges

Opinion by Judge Thomas

Counsel

For Appellants:

Burton M. Bentley, The Bentley Law Firm, P.C., Phoenix, AZ

For Appellee:

Alisan M.B. Patten, Guttilla Murphy Anderson, P.C., Phoenix, AZ