Case Number:
21SMCV01430
Hearing Date:
August 5, 2022
Dept:
207
Background


Plaintiffs Gregory Mancuso and Rainier AG (collectively Plaintiffs) bring this action against several Defendants, including Defendants Consul Group re Dos Mil Vientiuno S.R.L. (Consul),
Rasel, Ltd., and GBT Technologies, Inc.
(collectively Defendants). Plaintiff Rainier AG is a brokerage company and Gregory Mancuso is a corporate compliance office for Rainier AG. The dispute between the parties stems from a Brokerage Agreement entered into between Rainier AG and Defendant Consul in October 2018. Plaintiffs allege Consul began a pattern of unusual and suspicious trading behavior shortly after entering in the Brokerage Agreement. Plaintiff alleges it conducted an investigation which revealed stock manipulation and conversion by Defendants. Consul previously brought an action in federal court alleging causes of action stemming from the relationship between Consul and Rainier AG. Plaintiffs all