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SIEGAL v. GAMBLE

Case No. 13-cv-03570-RS.

STEVEN SIEGAL, et al., Plaintiffs, v. G. THOMAS GAMBLE, et al., Defendants.

United States District Court, N.D. California.

August 10, 2015.

Attorney(s) appearing for the Case

Steven Siegal, Plaintiff, represented by Edward Scott Zusman , Markun Zusman Freniere & Compton LLP & Kevin K. Eng , Markun Zusman Freniere & Compton LLP.

James Rybicki, Plaintiff, represented by Edward Scott Zusman , Markun Zusman Freniere & Compton LLP & Kevin K. Eng , Markun Zusman Freniere & Compton LLP.

David Groblebe, Plaintiff, represented by Edward Scott Zusman , Markun Zusman Freniere & Compton LLP & Kevin K. Eng , Markun Zusman Freniere & Compton LLP.

Christian Wipf, Plaintiff, represented by Edward Scott Zusman , Markun Zusman Freniere & Compton LLP & Kevin K. Eng , Markun Zusman Freniere & Compton LLP.

G. Thomas Gamble, Defendant, represented by James Mark Neudecker , Reed Smith LLP.

Loren J. Miller, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

Henry Lowenstein, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

Paul W. Bateman, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

Edward M. Gabriel, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

James S. Mayer, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

Behrooz Sarafraz, Defendant, Pro Se.

Lynn Blystone, Defendant, represented by Karen Palladino Ciccone , Akerman LLP, Brian Miller , Akerman Senterfitt & Samantha Kavanaugh , Akerman Senterfitt.

Alfred Lopez, Defendant, represented by Christopher Charles Cooke , Murphy Cooke Kobrick LLP.

Maston Cunningham, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

John Durbin, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

Greg Billinger, Defendant, represented by Simona Gurevich Strauss , Simpson Thacher & Bartlett LLP.

K&L Gates LLP, Defendant, represented by Joseph Patrick McMonigle , Long & Levit LLP, John B Sullivan , Long & Levit LLP & Kate G Kimberlin , Long and Levit LLP.

ORDER GRANTING MOTIONS TO DISMISS WITH LEAVE TO AMEND

I. INTRODUCTION

When their investments in the oil drilling and exploration limited partnership TVC Opus I Drilling Program, LP ("Opus") became virtually worthless, plaintiffs filed this putative securities fraud class action alleging (1) violations...

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