T hi s di s pos i t i on i s notappr opr i a t e f orpubl i c a t i on and i s notpr e c e de nt * e xc e pta s pr ovi de d by9th C i r . R . 36- 3.

T he pa ne l una ni m ous l yc onc l ude s thi s c a s e i s s ui t abl e f orde c i s i on ** w ith o u t o r a l a r g u m e n t. See F ed. R . A pp . P . 34 (a )( 2). NOT F OR P UB L I CAT I ON UN I TE D STATE S C OU RT OF APPE ALS FOR T HE NI NTH CI RC UI T BELA ( BI LL) V I D O R, P la in tif

f - A p p e lla n t, v. AME R I C AN I NT E RNA T I ON AL GROU P, I NC. ; ROBE RT “ ST EVE” M I L L E R , C ha i rm a n of

the B oa r d of D i rect o rs, D efen d an t s - A p p el l ees. N o. 11- 16828 D . C. N o . 3 : 1 1 - c v - 0 0 3 1 5 - SI ME MOR AN DU M *

A pp ea l fr om the U ni t ed S t at es D i stri ctC ou rt f o rth e N o rth e rn D is tr ic t o f C a lif o rn ia S us a n I l l s t on, D i s tr i c tJ udge , P r e s i di ng S ubm i tt e d N ove m be r13, 2012 ** B efo re: C A N B Y , T R O T T , an dW . F L E T C H E R , C i rcu i tJu d g es. B e l a( B i l l ) V i dorappe a l s pr o s e f r om the di s tr i c tc ourt ’ s j udgm e nt di sm i ss i ng hi s di vers i ty a ct i on al l egi ng st at e l aw and federa l cl ai m s r el at ed t o an 

# FI LED NO V 20 2012 M OLLY C. DW Y ER, CLERK U . S. C O U R T OF APPE ALS11- 16828 2 al l egedl y f

raud ul entst ock transac t i on i nv ol vi ng defe nd antA m er i can Int ernat i on al G r oup, I nc . ( “ A I G ” ) . W e ha ve j ur i s di c t i on unde r28 U . S . C . § 1291. W e r e vi e w de n o v o , L a c e

yv . M a r ic o p a C o u n ty , 693 F . 3d 896, 911 ( 9th C i r . 2012) ( e n ba nc ) , a nd w e a f f i rm. T he di s tr i c tc ourtpr ope r l ydi s m i s s e d V i dor ’ s c l a i m s f orf r aud, ne gl i ge nt m i s r e pr e s e nt a t i on, a nd pr om i s s orye s t oppe l be c aus e V i dorf a i l e d t o a l l e ge one or m ore e l em ent s f

or a pri m a f

ac i e c l ai m , and al so fa i l ed t o p l ea d the ci rc um st ance s s u rr o u n d in g th e a lle g e df r au do rm is r e p r e s e n ta tio n w ith p a rtic u la r ity . See Fe d . R. C iv . P . 9 ( b ) ; P lat t

E lec . Su pp l y, Inc. v. E O F

F E lec ., I nc ., 5 2 2 F .3 d1 0 4 9 , 1 0 5 5 ( 9 th C i r . 2008) ( l i s t i ng “ ve rys i m i l a r ” e l e m e nt s of ne gl i ge ntm i s r e pr e s e nt a t i on a nd f r aud u n d e rC a lif

o rn iala w ) ; A gui larv . I

nt ’ l L ongs hor e m e n’s U

ni on L oc al

N o. 10 , 966 F .2 d4 4 3 , 4 4 5 & n .2 ( 9 th C ir . 1 9 9 2 ) ( lis tin g e le m e n ts o f p r o m is s o rye s to p p e l) . T he di stri ctcourtprop er l y di sm i ss ed V i do r’ s c l ai m s f or breac h o f f

i du ci ary du ty and vi ol at i on of the T rustIndenture A ct , 15 U . S . C . §§ 77 aa a et se q . ( the

“ A ct ”) , because the hybri d A IG se curi t i es thatV i do r purchas ed di d n otcr ea t e a f id u c ia ryr e la tio n s h ip a n de x e m p te dth e tr a n s a c tio n f r o m th e A c t. See Sha

f f erv. H ei tner , 433 U . S . 186, 215 n. 44 ( 1977) ( l a w of the s t a t e of

i nc orpor a t i on gove rns th e liab ilitie s o f

ac o rp o r a tio n ’s o f

f ic e r s o rd ir e c to r s ) ; Si m ons v . C ogan , 549 A . 2d 300, 303- 04 ( D e l . 1988) ( unde rD e l a w a r e l a w , c onve rt i bl e de be ntur e doe s not11- 16828 3 m a k e th e in v e s to ras to c k h o ld e rto w h o m af id u c ia ryd u tylie s ) ; s e e al s o 1 5 U . S. C. § 7 7 d d d ( a ) ( 2 ) ( A c t d o e s n o t ap p lyto “a n yc e rtif ic a te o f in te r e s t o rp a rtic ip a tio n in tw o o r m ore s ec uri t i es havi ng subst ant i al l y di ff er entri gh t s and pri vi l eges ”) . I s s u e s r a is e do n ap p e a l b u t n o t s u p p o rte db ya r g u m e n t, in c lu d in g w ith r e s pe c tt o the di s tr i c tc ourt ’ s de ni a l of V i dor ’ s m ot i on f

ori nj unc t i ve r e l i e f

a nd di sm i ss al w i th l eave t o am end o f V i do r’ s ori gi nal com pl ai nt , ar e dee m ed ab a n d o n e d . See A m . Int ’l E nter s. , Inc. v. F

D IC , 3 F . 3d 12 63 , 12 66 (9th C i r. 19 93 ). AF F I RME D.