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Sally D Elia

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October 18, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A state appeals court has thrown out an unprecedented lower court ruling that had allowed a woman to sue her former husband for securities fraud for deceiving her in divorce court about the value of their stock holdings. The three-judge Court of Appeal panel overturned a $10.2-million verdict that Sally d'Elia of Costa Mesa had won against her former husband, Serge d'Elia, a co-founder of sneaker maker Vans Inc. But the court in Santa Ana upheld a $3.9-million judgment on three other claims.
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BUSINESS
October 18, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A state appeals court has thrown out an unprecedented lower court ruling that had allowed a woman to sue her former husband for securities fraud for deceiving her in divorce court about the value of their stock holdings. The three-judge Court of Appeal panel overturned a $10.2-million verdict that Sally d'Elia of Costa Mesa had won against her former husband, Serge d'Elia, a co-founder of sneaker maker Vans Inc. But the court in Santa Ana upheld a $3.9-million judgment on three other claims.
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NEWS
June 5, 1993 | MICHAEL FLAGG, TIMES STAFF WRITER
One of the founders of sneaker manufacturer Vans Inc. should pay his ex-wife half the $22 million he made on the sale of his company stock, a judge said Friday, after telling her when they divorced that the stock was worth only $1 million. Serge and Sally d'Elia divorced in July, 1986, after what her lawyers said was 22 years of marriage. As part of the settlement, he gave her $500,000--half the $1 million he told her his one-third ownership in Vans was worth.
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