The investor should file a written complaint with CMIC stating the grounds for the complaint and attaching thereto documents to support the claim. If CMIC finds that there is probable cause for the complaint, CMIC will commence investigation.
A default judgment is a judgment entered by a civil court when a defendant does not respond timely to a plaintiffâs lawsuit brought against him.
Legal Guide: How to Enter a Default Judgment in California Personal Injury/Wrongful Death Cases. A defendant is âin defaultâ as soon as the defendant fails to file a responsive pleading (e.g. an Answer or a Demurrer) within the statutory time limit. This means little until the clerk âenters a defaultâ against the defendant. The plaintiff must make an application for the clerk to enter a default judgement. (1) Defendant must be served with Summons and Complaint. Then Plaintiff must have a Proof of Service of Summons and Complaint and file it with the court.