Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
P. 1
Feinstein Complaint Durkee

Feinstein Complaint Durkee

Ratings: (0)|Views: 693|Likes:
Published by gmaddaus
Sen. Dianne Feinstein's complaint against Kinde Durkee, First California Bank
Sen. Dianne Feinstein's complaint against Kinde Durkee, First California Bank

More info:

Published by: gmaddaus on Sep 23, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

10/24/2011

pdf

text

original

 
5
20
15
10
25
1
2
3
4
6
78
9
12
13
)4
16
17
18
19
21
22
23
24
JOSEPH
W.
COTCHETT
(SBN
36324)
j
c o t c h e t i { @ , c g 1 1 ~ - l ~ a ~ .
 
corn
NANCYL.
"FINEMAN
(SBN 124870)
n f i n e m a n @ : f & m l ~ K a l . c o t I l
 
JUSTIN
1':
~ R G E R
 
(SBN
250346)
j b e r c r e r a u c p m l ~ g a l .
com
MaNK.
LIANG
(SBN 228936)
aliang@cpmlegal.com
COTC1I.tTT,
PITRE
&:
McCARTHY,
LLP
840 Malcohn
Road
BU1<lingame,
CA
94010
Telephone: (650)
697-6000FacsImile: (650) 697-0577
CONFORMED
copy
OF
ORIGINAL FILED
Los
Angele.s
Superior
Court
SEP
~
 
~
 
~ O "
John
A.
C l a r l < ~ ,
 
E x e c l l l i " ~
 
OfficefiClerk
SUPERIOR
COlJRT
OF CALIFORNIA
COUNTY
OF
LOS
ANGELES
WESTERN
DISTRICTWILLIAM
W
ARDLA
1N,
Treasurer
for
,
FEINSTEIN
FOR
SENATE
and
FUND
FOR
THE
MAJORITY
Committee;
FEINSTEIN
FOR
SENATECommittee;
and
FUND
FOR
THEMAJORITY
Committee,
Plaintiffs,
VS.
FlRST
CALIFORNIA
H.ANK;
DURKEE
&
ASSOCIATES,
LLC;
JaNDE
DURKEE;
JOlIN
FORGY;
MATTHEW
LEMCKE;
AND
DOES
1
through
HI"
inclusive,
26
JoHN L
_ a i ' e f e n d ~ m t s .
 
CASE
AGEMENT CONFERENCE
@
J A N 2 ~
 
t _ 2 _ 0 1 2 _ ~ ~ - + H - ~ ' - - I - - j
 
__
LAWOFFlCES
COTCHETI,
Date-
PITRE
&
- - : - - : c - - , - - - : - : - : - - - - - : - : - - - : - : - : ~ - k - _ T _ _ _ N _ _ _ J ,
 
- ~ -
MCCARTHY,
LLP
COMPLAINT
S C 1 1 ! 1 ~ ) 0 2
Civil
Action
No.
:Ih"tJ
COMPLAINT:
. 1.
FRAUD
AND
DECEIT;
2.
CONVERSION;
3.
BREACH
OF
CONTRACT;
4.
BREACH OF
IMPLIED
COVENANT
OF
GOOD.
FAITH
AND
FAIR
DEALING;
5.
AlDlNG
AND
ABETTING
FRAUD'
,
6.
AIDING
AND
ABETTING
COWvERSION;
I
7.
VIOLATION
OF
BUSINESS
AND
PROFESSIONS
CODE
~ ~
 
17200
et
s ~ q ; ; ,
 
UNLAWFUL.
FRAUDULEI'fl
AND
UNFAIR
---
__
BUSINESS
ACTS
AND
-
PRACTICE;
8.
DECl.,ARATORYRELIEF
,WRY
TRIAL
DEMANDED
.J
I
 
v
LAW OFFICES
C
OTCHETT
,P
ITRE
&M
C
C
ARTHY
,
 
LLP
12345678910111213141516171819202122232425262728
TABLE OF CONTENTSI.INTRODUCTION
............................................1
II.JURISDICTION AND VENUE
.................................3
III. THE PARTIES
..............................................4A.PLAINTIFFS...........................................4B.DEFENDANTS.........................................5C.AGENCY, CONSPIRACY, AND AIDING AND ABETTING......6D.UNNAMED PARTICIPANTS..............................6E.DOE DEFENDANTS.....................................7
IV. FACTUAL BACKGROUND
...................................7A.KINDE DURKEE & DURKEE & ASSOCIATES WERE TRUSTEDAND WELL-REGARDED.................................7B.DURKEES WORK FOR THE FEINSTEIN COMMITTEES......8C.DURKEE’S THEFT FROM THE FEINSTEIN COMMITTEES...10D.FIRST CALIFORNIA BANK HAD KNOWLEDGE OF DURKEE’SSCHEME AND KNOWINGLY PROVIDED SUBSTANTIALASSISTANCE......................................161.First California Bank Intentionally Ignored Multiple Red Flagsand Had Knowledge of the Fraud......................162.First California Bank Violated Office of ControlleGuidelines For Check-Kiting Detection.................253.First California Bank Violated Federal Financial InstitutionsExamination Council’s Guidelines by Intentionally Failing toReport DURKEE or Halt Her Activities.................274.First California Failed to Follow Its Own InternalOperations Manuals and Shielded DURKEE’s Activities fromthe California Department of Financial Institutions.........295.First California Violated Its Own Terms and Conditions for Business Accounts.................................31E.FIRST CALIFORNIA BANK ACKNOWLEDGES THATDURKEE MISAPPROPRIATED AND CO-MINGLED FUNDS,YET REFUSES TO GIVE DURKEE CLIENTS ACCESS TOTHEIR OWN FUNDS...................................33
COMPLAINT
i
 
v
LAW OFFICES
C
OTCHETT
,P
ITRE
&M
C
C
ARTHY
,
 
LLP
12345678910111213141516171819202122232425262728
VII.CAUSES OF ACTION
.......................................34FIRST CAUSE OF ACTION
FRAUD AND DECEIT
(As Against Defendants DURKEE, D&A, FORGY, LEMCKE,and DOES 1-10).............................................34SECOND CAUSE OF ACTION
CONVERSION
(As Against Defendants DURKEE, D&A, FORGY, LEMCKE,and DOES 1-10).............................................35THIRD CAUSE OF ACTION
BREACH OF CONTRACT
(As Against Defendants DURKEE, D&A, FORGY, LEMCKE,and DOES 1-5)..............................................36FOURTH CAUSE OF ACTION
BREACH OF THE IMPLIED COVENANT OFGOOD FAITH AND FAIR DEALING
(As Against Defendants DURKEE, D&A, FORGY, LEMCKE,and DOES 1-5)..............................................37FIFTH CAUSE OF ACTION
AIDING AND ABETTING FRAUD
(As Against Defendants FIRST CALIFORNIA BANK and DOES 5-10).............................................38SIXTH CAUSE OF ACTION
AIDING AND ABETTING CONVERSION
(As Against Defendants FIRST CALIFORNIA BANK and DOES 5-10).............................................39SEVENTH CAUSE OF ACTION
VIOLATION OF BUSINESS AND PROFESSIONS CODE§§ 17200
et seq
. UNLAWFUL, FRAUDULENT, AND UNFAIR BUSINESS ACTS AND PRACTICES
(As Against All Defendants)....................................41EIGHTH CAUSE OF ACTION
DECLARATORY RELIEF
(As Against FIRST CALIFORNIA BANK and DOES 5-10)...........42
PRAYER FOR RELIEF
...........................................43
JURY DEMAND
.................................................45
COMPLAINT
ii

Activity (3)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->