Advanced Plus LLC v. Jordan

CourtDistrict Court, E.D. New York
DecidedApril 21, 2025
Docket2:24-cv-08881
StatusUnknown

This text of Advanced Plus LLC v. Jordan (Advanced Plus LLC v. Jordan) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Advanced Plus LLC v. Jordan, (E.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK --------------------------------------------------------x ADVANCED PLUS LLC, ADVANCED PLUS DEAL 1 LLC, ADVANCED PLUS DEAL 2 LLC, and PACTOLUS INCOME OPPORTUNITIES LLC, MEMORANDUM AND ORDER 24-CV-8881-SJB-ARL Plaintiffs, -against- LANDON JORDAN, NATIONAL INDIVIDUAL INSURANCE AGENCY, LLC, BLACKHAWK CLAIMS SERVICE, INC., RFA GROUP, INC., THE HEALTH SHARE GROUP INC., ASSOCIATION HEALTH CARE MANAGEMENT, INC., CRIMSON HOLDING GROUP, INC., RIDGE ADMINISTRATIVE SERVICES, INC., CHRISTOPHER JAMES PAGNANELLI, ROY FRANKLIN ANDING, JR., RAMI HASSAN, DAVID KEELER, and HAROLD L. BROCK, JR. Defendants. --------------------------------------------------------x BULSARA, United States District Judge: Plaintiffs, a series of investment entities, allege they were the victims of a fraudulent insurance scheme and duped to advance insurance agent commissions to Defendants, who received profits they kept to themselves, to the tune of $22 million. (Compl. dated Dec. 28, 2024 (“Compl.”), Dkt. No. 1 ¶¶ 1, 9). The Plaintiffs are Advanced Plus LLC, Advanced Plus Deal 1 LLC, Advanced Plus Deal 2 LLC, and Pactolus Income Opportunities LLC (collectively, “Plaintiffs”). The Defendants are both corporations: National Individual Insurance Agency, LLC, Blackhawk Claims Service, Inc., RFA Group, Inc., The Health Share Group Inc., Association Health Care Management, Inc., Crimson Holding Group, Inc., Ridge Administrative Services, Inc., (collectively, the “Corporate Defendants”), and a number

of individuals: Landon Jordan, Christopher James Pagnanelli, Roy Franklin Anding, Jr., Rami Hassan, David Keeler, and Harold L. Brock, Jr. (collectively, the “Individual Defendants”).1 The Defendants, none of whom are citizens of New York, moved to dismiss the Complaint for lack of personal jurisdiction under Fed. R. Civ. P. 12(b)(2). (Defs.’ Mem. of Law in Supp. of Mot. to Dismiss dated Feb. 5, 2025 (“Defs.’ Mem. of Law”), Dkt. No. 44 at 1–2). For the reasons that follow, the Court concludes it lacks

personal jurisdiction over each Defendant. The Complaint is therefore dismissed without prejudice. FACTUAL BACKGROUND AND PROCEDURAL HISTORY Defendants solicit funds from lenders to provide insurance agents with advances on their commissions. (Compl. ¶ 46). Because insurance agents typically do not receive commissions until policy holders pay premiums, Defendants’ business helps lenders and companies solicit and retain agents. (Id. ¶ 46). On May 12, 2021, Plaintiffs

Advanced Plus LLC (“AP”) and Pactolus Income Opportunities LLC (“PIO”) entered into an agreement under which PIO—a secured creditor—agreed to lend AP funds to support AP’s business, which advanced insurance commissions. (Id. ¶¶ 1, 61).

1 Plaintiffs voluntarily dismissed claims against Defendants Strategic Partners LP and Mark Keck, because their presence in the case destroyed complete diversity. (See Notice of Voluntary Dismissal dated Jan. 23, 2025, Dkt. No. 22; Order dated Jan. 28, 2025; Notice of Voluntary Dismissal dated Jan. 29, 2025, Dkt. No. 36). Pursuant to that agreement, PIO lent AP $32 million, with a repayment maturity date of May 14, 2023. (Id. ¶ 63). AP defaulted on the loan in May 2023, claiming Defendants induced AP to spend all $32 million without repaying AP. (Id. ¶¶ 64–65). Following

AP’s default, PIO assumed power of attorney over AP, permitting PIO to sue to recover the $32 million debt. (Id. ¶ 66). On December 11, 2023, after several months of negotiations, Plaintiffs ceased funding Defendants’ insurance streams because of Defendants’ alleged refusal to provide proof of their ability to cover Plaintiffs’ debts. (Compl. ¶¶ 72–82). The parties resumed negotiations in January 2024, after Defendants remitted three payments to

Plaintiffs, culminating in Defendants’ final payment in May 2024, and an in-person meeting in Dallas, Texas in July 2024. (Id. ¶¶ 96–107). At the meeting, the parties set deadlines for Defendants’ new financial team to complete an internal audit, reconcile their books, and resume repayments to Plaintiffs. (Id. ¶¶ 103–04, 107). The deadlines were not met, (id. ¶ 108); the parties again attempted to resolve the matter in November 2024, (id. ¶ 109–10); and Plaintiffs commenced this lawsuit on December 28, 2024. The lawsuit alleges Defendants engaged in a “pump and dump” scheme in

which Defendants used Plaintiffs’ (the lenders’) funds to pay insurance agents; then stopped repaying Plaintiffs for the advances; intentionally commingled, misappropriated, and concealed Plaintiffs’ funds, resulting in over $22 million in unpaid advances; and now seek to leverage Defendants’ web of sham entities to transfer their assets and avoid accountability. (Compl. ¶¶ 6, 9, 20–21, 24, 98). Plaintiffs assert claims of fraud; aiding and abetting fraud; conversion; breach of fiduciary duty; aiding and abetting breach of fiduciary duty; unfair trade practices; unjust enrichment; and, alternatively, breach of contract; and seek an independent accounting of all funds received. (Id. ¶¶ 115–92).

On January 16, 2025, Plaintiffs filed a motion for a temporary restraining order and preliminary injunction, seeking to freeze Defendants’ assets and prevent them from interfering with an independent audit. (Pls.’ Mem. of Law in Supp. of Mot. for a TRO and Prelim. Inj. dated Jan. 16, 2025, Dkt. No. 10-1 at 1). In their opposition, Defendants asserted lack of personal jurisdiction as a complete defense. (Defs.’ Mem. of Law in Opp’n to Pls.’ Mot. for a TRO and Prelim. Inj. dated Jan. 23, 2025, Dkt. No. 24 at 4–7).

The Court ordered briefing on Defendants’ proposed motion to dismiss the Complaint under Fed. R. Civ. P. 12(b)(2). (Order dated Jan. 29, 2025). DISCUSSION The principle that “a district court must generally resolve material factual disputes and establish that it has federal constitutional jurisdiction . . . before deciding a case on the merits . . . applie[s] equally to personal jurisdiction, because ‘[p]ersonal jurisdiction, too, is an essential element of the jurisdiction of a district . . . court, without

which the court is powerless to proceed to an adjudication.’” Mones v. Com. Bank of Kuwait, S.A.K., 204 F. App’x 988, 989 (2d Cir. 2006) (quoting Ruhrgas AG v. Marathon Oil Co., 526 U.S. 574, 584 (1999)). “There are two types of personal jurisdiction: general and specific.” Sonera Holding B.V. v. Çukurova Holding A.S., 750 F.3d 221, 225 (2d Cir. 2014). “[G]eneral jurisdiction exists only when a corporation’s contacts with a state are ‘so continuous and systematic as to render it essentially at home in the forum state.’” Id. (quoting Goodyear Dunlop Tires Operations, S.A. v. Brown, 564 U.S. 915, 919 (2011)) (citations and alteration omitted). This occurs when, for example, the defendant is domiciled in the forum state. See Walden v. Fiore, 571 U.S. 277, 283 n.6 (2014)

(“’[G]eneral’ or ‘all purpose’ jurisdiction . . . permits a court to assert jurisdiction over a defendant based on a forum connection unrelated to the underlying suit (e.g., domicile).”). “‘Specific’ or ‘case-linked’ jurisdiction depends on an affiliation between the forum and the underlying controversy (i.e., an activity or an occurrence that takes place in the forum State and is therefore subject to the State’s regulation).” Id. (quotations and alterations omitted).

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