Omar v. Tabatabai CA2/1
Akbar Omar sued Syed Madad and his wife Meher F. Tabatabai, among other defendants, for breach of contract, fraud, unjust enrichment, and other causes of action, all related to Omar’s more than $10 million investment in Madad’s investment pool. The third amended complaint alleged that Madad and Tabatabai lied about the investment pool, which was actually a Ponzi scheme, and returned only a small portion of Omar’s investment. At the close of evidence, the trial court granted Tabatabai’s motion for nonsuit on Omar’s cause of action for unjust enrichment. The jury found in favor of Tabatabai on all Omar’s remaining causes of action, and the court entered judgment in Tabatabai’s favor. Omar filed a timely notice of appeal from the trial court’s order dismissing the unjust enrichment cause of action against Tabatabai.
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