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Drew Brees’ investment diamond lawsuit moves forward in San Diego

this is a discussion within the Saints Community Forum; New Orleans Saints quarterback Drew Brees’ lawsuit against a San Diego jeweler can move forward to trial, a California judge ordered Monday (April 29), according to court documents. Brees and his wife, Brittany, appeared at Superior Court in San Diego ...

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Old 05-01-2019, 08:36 AM   #1
 
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Drew Brees’ investment diamond lawsuit moves forward in San Diego

New Orleans Saints quarterback Drew Brees’ lawsuit against a San Diego jeweler can move forward to trial, a California judge ordered Monday (April 29), according to court documents.

Brees and his wife, Brittany, appeared at Superior Court in San Diego county last Friday as Judge Kenneth J. Medel determined there was sufficient evidence to send the lawsuit to trial in a dispute regarding the value of investment diamonds.



Medel submitted a tentative ruling Friday, and that ruling turned into an order Monday afternoon.

The Breeses filed a lawsuit in April 2018 seeking more than $9 million in damages as they accused Vahid Moradi of CJ Charles Jewelers of fraud and breach of fiduciary duty.

Medel ruled, “Triable issues exist as to all causes of action related to essential claims by plaintiff as to whether ‘investment advice’ was given and, assuming liability, the valuation of the jewelry at issue," according to the order.

Both parties last Friday hoped the judge would make a summary judgment without having the case sent to trial, but it remains on track for a civil jury trial beginning May 31.

The Breeses claim Moradi sold them multiple pieces of jewelry for about $15 million, but upon appraisal, they learned the items were worth $9 million less than they paid.

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