The Superior Court of California has dismissed the remaining cause of action in an amended complaint filed by the California Insurance Commissioner, on behalf of Fremont Indemnity Co. against Fremont General Corp. The Court ruled in favor of Freemont Indemnity’s demurrer, finding that the “plaintiff still failed to plead any affirmative misrepresentation which is actionable.” The court also found that the “pleading is inadequate as to damage allegations.”
This ruling by the court dismisses the only remaining cause of action in the lawsuit originally brought by California Insurance Commissioner John Garamendi on behalf of Fremont Indemnity Co. against Fremont General Corp., first reported on June 17, 2004.
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