On June 8, 2010, the Los Angeles County Superior Court, in actions pending against M. Jorjezian Investments, Inc. and Yeznik Kazandjian of Glendale, California, issued terminating sanctions and entered the default of these two defendants based on their conduct. The underlying case involves allegations of fraudulent conduct on behalf of the developer M. Jorjezian Investments, Inc. and the developer’s attorney, Yeznik Kazandjian, with respect to the sale of vacant land in Santa Clarita, California.
The next step in the litigation is for the plaintiffs to prove up their damages to the court, and then the court’s determination of the damages to impose on these defendants. The plaintiffs in the action previously served a statement of damages in which each of them claimed in excess of $1 million dollars. Thus, the plaintiffs will be seeking a multi-million dollar judgment against M. Jorjezian Investments, Inc. and attorney Yeznik Kazandjian. Because these defendants are now in default they will not be able to submit any paperwork to oppose plaintiffs’ claims.