Lahar v. Jaiswal CA4/3

CourtCalifornia Court of Appeal
DecidedMarch 10, 2026
DocketG064408
StatusUnpublished

This text of Lahar v. Jaiswal CA4/3 (Lahar v. Jaiswal CA4/3) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Lahar v. Jaiswal CA4/3, (Cal. Ct. App. 2026).

Opinion

Filed 3/10/26 Lahar v. Jaiswal CA4/3

NOT TO BE PUBLISHED IN OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

FOURTH APPELLATE DISTRICT

DIVISION THREE

DAVID A. LAHAR,

Plaintiff and Respondent, G064408

v. (Super. Ct. No. 30-2024- 01378287) SANJEEV JAISWAL et al., OPINION Defendants and Appellants.

Appeals from an order of the Superior Court of Orange County, Nathan R. Scott, Judge. Affirmed. Motion for sanctions denied. Buchalter, Robert M. Dato; Frost Brown Todd and Holly Gilani for Defendants and Appellants Sanjeev Jaiswal and iFiber Optix, Inc. Lewis Brisbois Bisgaard & Smith, Corinne C. Bertsche and David D. Samani for Defendants and Appellants Holly Gilani and Hess-Verdon & Associates, PLC. Maralan Law and Sam Maralan for Plaintiff and Respondent. Sanjeev Jaiswal and his company iFiber Optix, Inc. (collectively, Jaiswal) sued David Lahar and other parties for fraud and other causes of action (the underlying action). Jaiswal’s claims were ultimately unsuccessful. After the trial court entered judgment in the underlying action, Lahar filed a malicious prosecution lawsuit against Jaiswal and his attorney, Holly Gilani and Hess-Verdon & Associates, PLC (collectively, Gilani). Pursuant to Code of Civil Procedure section 425.16, Jaiswal and Gilani then filed a special motion to strike the malicious prosecution complaint (the anti-SLAPP motions).1 The court denied the anti-SLAPP motions. On appeal, Jaiswal and Gilani argue the court erred in denying the motions. We affirm. We also deny respondent Lahar’s motion for sanctions. FACTUAL AND PROCEDURAL BACKGROUND I. THE INITIAL COMPLAINT On April 8, 2022, Jaiswal initiated the underlying action through his initial complaint. In his initial complaint, Jaiswal alleged the following facts: Nicholas Thomas Del Franco agreed to purchase iFiber from Jaiswal for $22.5 million. Del Franco introduced Jaiswal to Paul Garcia, whom Del Franco represented was a money manager of Montecristo Capital Management, Inc. Jaiswal and Del Franco agreed Montecristo would fund the purchase. Garcia told Jaiswal that Del Franco would have to pay Montecristo an “[i]nterest [r]eserve” payment of 10 percent of the purchase price, $2.25 million, before Montecristo could deploy the full purchase price of

1 “SLAPP is an acronym for ‘strategic lawsuit against public

participation.’” (City of Montebello v. Vasquez (2016) 1 Cal.5th 409, 413, fn. 2.) All further statutory references are to the Code of Civil Procedure unless otherwise specified.

2 $22.5 million. A month after the parties agreed to the purchase and funding, Del Franco introduced Jaiswal to Lahar. Lahar agreed he would manage iFiber once Del Franco closed the transaction. To effectuate the purchase of iFiber, Del Franco and Jaiswal entered into a letter of intent. Lahar did not sign the letter of intent. Shortly after entering into the letter of intent, Jaiswal loaned Del Franco $1.425 million, half of the 10 percent interest reserve, and later, another $1.365 million. Jaiswal also paid Del Franco’s girlfriend $350,000 to “facilitate the closing” of the purchase. After Jaiswal sent the funds, he and Del Franco signed an asset purchase agreement. Lahar was not a party to the asset purchase agreement. Because Montecristo never funded the purchase and Del Franco never returned the money Jaiswal had loaned Del Franco, Jaiswal filed his initial complaint. The initial complaint alleged 14 causes of action: (1) “Money Had and Received”; (2) “Fraud–Intentional Misrepresentation”; (3) “Fraud– Concealment”; (4) “False Promise”; (5) “Fraud and Deceit and Conspiracy”; (6) “Fraud–Violation of Securities Exchange Act [of 1934 (15 U.S.C. § 78j) and] Rule 10[b-5 (17 C.F.R. § 240.10b-5)]”; (7) “Breach of Contract”; (8) “Promissory Estoppel”; (9) “Conversion”; (10) “Unjust Enrichment and for an Accounting”; (11) “Imposition of Constructive Trust/Equitable Lien”; (12) “Imposition of Resulting Trust”; (13) “Declaratory Relief”; and (14) Business and Professions Code section 17200. (Some capitalization omitted.) Jaiswal named Lahar as a defendant in all but the seventh cause of action. Lahar filed a demurrer to the initial complaint. In August 2022, the trial court sustained Lahar’s demurrer to the entire complaint with leave to amend.

3 II. THE FIRST AMENDED COMPLAINT Jaiswal filed the first amended complaint in September 2022. Among other new facts, the first amended complaint added new parties and new allegations. The first amended complaint included 20 causes of action. The following causes of action were against Lahar: (1)–(2) “Breach of Contract”; (5) “Money Had and Received”; (6) “Fraud–Intentional Misrepresentation”; (7) “Fraud–Concealment”; (8) “False Promise”; (9) “Fraud Inducement of Contract”; (10) “Fraud and Deceit and Conspiracy”; (11) “Intentional Fraudulent Conveyance”; (12) “Conspiracy to Commit Fraudulent Conveyance”; (13)“Conversion”; (14) “Fraud–Violation of Securities Exchange Act [of 1934 (15 U.S.C. § 78j) and] Rule 10[b-5 (17 C.F.R. § 240.10b-5)]”; (15) “Promissory Estoppel”; (16) “Unjust Enrichment and for an Accounting”; (17) “Imposition of Constructive Trust/Equitable Lien”; (18) “Imposition of Resulting Trust”; (19) “Declaratory Relief”; and (20) Business and Professions Code section 17200 et seq. (Some capitalization omitted.) Relevant to this appeal, Jaiswal alleged in the first amended complaint he, Del Franco, and Lahar verbally agreed Del Franco and Lahar would purchase 49 percent of iFiber. Jaiswal further alleged Lahar was a party to a “share purchase agreement” which indicated Del Franco and Lahar agreed to jointly purchase 49 percent of iFiber. Jaiswal, however, did not enclose a new share purchase agreement to his first amended complaint, but rather enclosed the same asset purchase agreement where only Del Franco signed. Jaiswal explained Lahar was not named in any of the documents because the funding of the purchase would be mostly based on Del Franco’s credit history.

4 Lahar filed a demurrer to the first amended complaint, which the trial court heard and sustained in April 2023, and on May 1, 2023, Lahar served Jaiswal with notice of ruling on the demurrer and motion to strike, including the court’s minute order. Relevant to this appeal, the court struck the breach of contract causes of action without leave to amend and sustained Lahar’s demurrer to the fraud causes of action without leave to amend.2 The court determined the sham pleading doctrine barred the breach of contract cause of action because the allegations in the initial complaint were “flatly contradictory” to those in the first amended complaint. Specifically, Jaiswal’s allegation Lahar breached an oral agreement to purchase part of iFiber was “contradictory” to the allegation in the initial complaint that Del Franco agreed to purchase iFiber from Jaiswal and signed the asset purchase agreement to that effect. Although the court maintained Jaiswal could file a motion for leave to amend the first amended complaint in order to avoid falling afoul of the sham pleading doctrine, Jaiswal never did. III.

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Lahar v. Jaiswal CA4/3, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lahar-v-jaiswal-ca43-calctapp-2026.