Adam Askari D.D.S. Corp. v. U.S. Bancorp

CourtDistrict Court, N.D. California
DecidedJune 15, 2022
Docket5:21-cv-09750
StatusUnknown

This text of Adam Askari D.D.S. Corp. v. U.S. Bancorp (Adam Askari D.D.S. Corp. v. U.S. Bancorp) is published on Counsel Stack Legal Research, covering District Court, N.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Adam Askari D.D.S. Corp. v. U.S. Bancorp, (N.D. Cal. 2022).

Opinion

1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 SAN JOSE DIVISION 10 11 ADAM ASKARI D.D.S. CORP., Case No. 5:21-cv-09750-EJD

12 Plaintiff, ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS WITH LEAVE 13 v. TO AMEND

14 U.S. BANCORP, et al., Re: Dkt. No. 17 Defendants. 15

16 On August 10, 2021, Plaintiff Adam Askari D.D.S. Corp. (“Askari”) initiated this suit 17 against Defendant U.S. Bancorp Community Development Corporation (“Bancorp”) and others in 18 the Superior Court of California, County of Santa Clara (“Complaint”), alleging claims for 19 negligence and breach of fiduciary duty relating to two loans. Dkt. No. 1-1.1 Bancorp removed 20 the action pursuant to 28 U.S.C. § 144(a). Dkt. No. 1. Defendants U.S. Bancorp, U.S. Bancorp 21 Asset Management, Inc., Bancorp, and U.S. Bancorp Community Investment Corporation 22 (collectively, “Defendants”) move to dismiss the Complaint pursuant to Rules 12(b)(1) and 23 12(b)(6) of the Federal Rules of Civil Procedure. Dkt. No. 17. The matter is suitable for 24 disposition without oral argument pursuant to Civil Local Rule 7-1(b). For the reasons stated 25 below, Defendants’ motion to dismiss is granted with leave to amend. 26

27 1 I. BACKGROUND 2 The Complaint alleges the following. The Paycheck Protection Program (“PPP”) is a loan 3 program funded and administered by the federal Small Business Administration (“SBA”). 4 Applications for SBA loans are submitted through local banks. In May 2020, Dr. Adam Askari 5 DDS, acting on behalf of Plaintiff, filed an application for a PPP Loan through “US Bank” using 6 an online portal. Compl. ¶ 12. Defendants own “different portions of the business that operates as 7 U.S. Bank.” Id. ¶ 2.2 Dr. Askari mistakenly listed Plaintiff’s tax-ID number as 27-1150143 8 instead of 27-1501433. Dr. Askari ultimately received a $88,000 PPP Loan. 9 On or about early February 2021, Dr. Askari applied for a second PPP Loan through US 10 Bank. On or about March 2021, US Bank informed him that the SBA had no record of the prior 11 year’s loan. Dr. Askari notified US Bank of the tax ID error. US Bank told him it would “take 12 care of it,” but failed to take any action to correct the loan records. Compl. ¶ 19. By the time Dr. 13 Askari discovered US Bank’s failure to take action, PPP Loans were no longer available. Id. ¶ 23. 14 As a result, Plaintiff was denied a second $88,000 PPP Loan plus any advantageous benefits of 15 that loan, including loan forgiveness and/or low interest rates. Id. ¶¶ 31-33, 41. He also lost his 16 ability to pursue a loan with another financial institution. Id. ¶ 47. 17 Plaintiff alleges that Defendants breached their duty of care by representing to Plaintiff that 18 they were in the process of correcting the first PPP Loan application error, but failed to do so. 19 Plaintiff also alleges that Defendants’ failure to correct the first PPP Loan application error 20 constituted a breach of their fiduciary duty.3 21 II. STANDARDS 22 Rule 12(b)(1) of the Federal Rules of Civil Procedure authorizes a motion to dismiss for 23 lack of subject matter jurisdiction. A suit brought by a plaintiff without Article III standing is not 24

25 2 For purposes of this motion, the Court assumes “US Bank” and “U.S. Bank” refer to the same entity. 26 3 The caption of the Complaint lists a claim for intentional misrepresentation, but neither that 27 claim nor facts supporting such a claim are alleged in the Complaint. 1 a “case or controversy,” and an Article III federal court therefore lacks subject matter jurisdiction 2 over the suit. Steel Co. v. Citizens for a Better Environment, 523 U.S. 83, 101, 118 S.Ct. 1003, 3 140 L.Ed.2d 210 (1998). To satisfy Article III standing, plaintiff must allege: (1) an injury in fact 4 that is concrete and particularized, as well as actual and imminent; (2) that the injury is fairly 5 traceable to the challenged action of the defendant; and (3) that it is likely (not merely speculative) 6 that injury will be redressed by a favorable decision. Friends of the Earth, Inc. v. Laidlaw Envtl. 7 Servs. (TOC), Inc., 528 U.S. 167, 180–81, 120 S.Ct. 693, 145 L.Ed.2d 610 (2000); Lujan v. 8 Defenders of Wildlife, 504 U.S. 555, 561–62, 112 S.Ct. 2130, 119 L.Ed.2d 351 (1992). 9 A motion to dismiss under Rule 12(b)(6) of the Federal Rules of Civil Procedure tests the 10 legal sufficiency of claims alleged in the complaint. Parks Sch. of Bus., Inc. v. Symington, 51 F.3d 11 1480, 1484 (9th Cir. 1995). When deciding whether to grant a motion to dismiss under Rule 12 12(b)(6), the court must generally accept as true all “well-pleaded factual allegations.” Ashcroft v. 13 Iqbal, 556 U.S. 662, 664 (2009). The court must also construe the alleged facts in the light most 14 favorable to the plaintiff. See Retail Prop. Trust v. United Bhd. Of Carpenters & Joiners of Am., 15 768 F.3d 938, 945 (9th Cir. 2014) (providing the court must “draw all reasonable inferences in 16 favor of the nonmoving party” for a Rule 12(b)(6) motion). The complaint “must contain 17 sufficient factual matter, accepted as true, to ‘state a claim to relief that is plausible on its face.’” 18 Ashcroft v. Iqbal, 556 U.S. at 678 (quoting Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007)). 19 Dismissal “is proper only where there is no cognizable legal theory or an absence of sufficient 20 facts alleged to support a cognizable legal theory.” Navarro v. Block, 250 F.3d 729, 732 (9th Cir. 21 2001). 22 III. DISCUSSION 23 Defendants contend that the Complaint should be dismissed because it alleges conduct 24 only by U.S. Bank, not Defendants. Alternatively, Defendants contend that the Complaint should 25 be dismissed because (1) Plaintiff lacks Article III standing because there is no causal connection 26 between Defendants’ alleged conduct and Plaintiff’s alleged injury; (2) U.S. Bank did not owe 27 Plaintiff a duty of care in processing the PPP Loan application; (3) U.S. Bank did not have a 1 fiduciary relationship with Plaintiff; (4) Plaintiff fails to plead damages and proximate cause; (5) 2 the Complaint is an impermissible “shotgun pleading”; and (6) the “claim” for punitive damages is 3 legally and factually unsupportable. 4 A. Article III Standing 5 Under Article III, Plaintiff must establish in the Complaint that it has “(1) suffered an 6 injury in fact, (2) that is fairly traceable to the challenged conduct of the defendant, and (3) that is 7 likely to be redressed by a favorable judicial decision.” Spokeo, Inc. v. Robins, 578 U.S. 330, 338 8 (2016).

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Related

Lujan v. Defenders of Wildlife
504 U.S. 555 (Supreme Court, 1992)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Earle R. Robinson v. Louis Berman
594 F.2d 1 (First Circuit, 1979)
Steel Co. v. Citizens for a Better Environment
523 U.S. 83 (Supreme Court, 1998)
Spokeo, Inc. v. Robins
578 U.S. 330 (Supreme Court, 2016)
Navarro v. Block
250 F.3d 729 (Ninth Circuit, 2001)
Sciacca v. Apple, Inc.
362 F. Supp. 3d 787 (N.D. California, 2019)

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Bluebook (online)
Adam Askari D.D.S. Corp. v. U.S. Bancorp, Counsel Stack Legal Research, https://law.counselstack.com/opinion/adam-askari-dds-corp-v-us-bancorp-cand-2022.