Brown v. Montgomery

CourtDistrict Court, N.D. Illinois
DecidedMarch 14, 2022
Docket1:20-cv-04893
StatusUnknown

This text of Brown v. Montgomery (Brown v. Montgomery) is published on Counsel Stack Legal Research, covering District Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Brown v. Montgomery, (N.D. Ill. 2022).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

KIMBERLY JEAN BROWN, ) ) Plaintiff, ) ) No. 20-cv-04893 v. ) ) Judge Andrea R. Wood MICHELLE MONTGOMERY, et al., ) ) Defendants. )

MEMORANDUM OPINION AND ORDER

Plaintiff Kimberly Jean Brown was working as an estate-planning attorney when she decided to start a new business. One of Brown’s former clients offered to invest the entire amount of capital needed for the project. Although initially reluctant to go into business with an elderly former client, she eventually decided to accept his investment. As Brown worked to launch her business, she came into conflict with her investor’s business manager, Defendant Lila Goldston, and his attorney, Defendant Michelle Montgomery. Both Goldston and Montgomery believed that Brown had taken advantage of her former client and conveyed that sentiment to others, including Defendant Erika Williams, a financial advisor at JPMorgan Chase Bank, N.A. (“JPMorgan”).1 Brown claims that Williams then informed her coworkers about the accusations, causing Brown significant financial and reputational damage. As a result, Brown has filed the present action asserting several common law tort claims against Montgomery, Goldston, Williams, JPMorgan, and James D. Montgomery & Associates, Ltd. (“Firm”). Now before the Court are Defendants’ four motions to dismiss pursuant to Federal Rule of Civil Procedure 12(b)(6) (Dkt. Nos. 51–53,

1 While the amended complaint names JP Morgan Chase Co. as a Defendant, JPMorgan contends that the proper Defendant is actually JPMorgan Chase Bank, N.A. 63), which together seek dismissal of the amended complaint in its entirety. For the reasons that follow, Defendants’ motions are granted. BACKGROUND

For the purposes of the motions to dismiss, the Court accepts all well-pleaded facts in the amended complaint as true and views those facts in the light most favorable to Brown as the non- moving party. Killingsworth v. HSBC Bank Nev., N.A., 507 F.3d 614, 618 (7th Cir. 2007). The amended complaint alleges as follows. Brown is an attorney licensed in Illinois who had a practice focused on estate planning for middle- and lower-income clients. (Am. Compl. ¶ 4, Dkt. No. 49.) Prior to the events underlying this litigation, many of Brown’s estate-planning clients were referred to her by employees of a Chicago branch of JPMorgan. (Id. ¶ 5.) One of the JPMorgan employees who made referrals to Brown was Williams, a (now former) JP Morgan financial advisor. (Id.) Relevant here, Williams introduced Brown to Dr. Charles Hamilton, a prominent political scientist and civil rights leader. (Id. ¶ 7.) After Brown completed her estate-planning work for Hamilton, he took on Brown as a

mentee and the two became close friends. (Id.) Whereas Brown typically met with former clients only once every few years, she would meet with Hamilton several times a month. (Id.) In 2013, Brown devised a business plan to launch a software program that would make estate-planning resources cheaply available to middle- and lower-income individuals. (Id. ¶ 8.) Initially, Brown relied on her own funds and loans to develop the software. (Id. ¶ 9.) By February 2015, however, it became apparent that she would not be able to complete the software without at least $25,000 in additional capital. (Id. ¶¶ 9–10.) When Hamilton learned about Brown’s situation, he offered her the full $25,000 as a gift. (Id. ¶ 11.) Brown declined Hamilton’s offer out of concern about doing business with a former client and also due to Hamilton’s advanced age. (Id. ¶¶ 7, 11.) Yet Hamilton continued his attempts at supporting Brown’s business venture and asked Brown to discuss her project with Goldston, to whom he referred as his business manager.2 (Id. ¶ 12.) Although still reluctant to accept a gift or investment from an elderly former client, Brown

gave a formal presentation on her business plan to Hamilton and Goldston as a courtesy. (Id. ¶ 14.) During the presentation, Goldston recommended that Brown abandon the software code she had developed and start anew using a different software developer. (Id.) To implement Goldston’s recommendations, Brown determined that she would need to seek $125,000 in capital. (Id. ¶ 15.) After Brown gave a revised pitch to Hamilton and Goldston, Goldston informed Brown that Hamilton would invest the full $125,000. (Id. ¶ 16.) In exchange, Goldston proposed that Brown create a new business entity for her venture in which Hamilton would have a 25% ownership share. (Id.) Goldston further insisted that Brown agree not to seek additional investors without first obtaining Hamilton’s approval. (Id.) Still, Brown was concerned about accepting a large investment from Hamilton. (Id. ¶¶ 17–19.)

Ultimately, Goldston persuaded Brown to accept Hamilton’s offer by assuring her that Hamilton’s investment was consistent with his history of investing in female-owned businesses. (Id. ¶¶ 19–20.) Nonetheless, to avoid the appearance of impropriety, Brown insisted that the deal include certain terms. (Id. ¶ 21.) First, Brown would communicate with Goldston rather than Hamilton about business matters. (Id.) Second, Hamilton would be prohibited from hiring Brown as an attorney in the future. (Id.) Third, Hamilton would not invest the $125,000 as a lump sum but instead would invest only the amount needed each month, subject to Goldston’s review and

2 Goldston denies that she served as Hamilton’s business manager. (Goldston’s Mot. to Dismiss at 2, Dkt. No. 52.) But at the motion to dismiss stage, the Court must accept as true the amended complaint’s allegations regarding Goldston’s role. approval. (Id.) And fourth, Brown would hold monthly progress meetings to update Goldston and Hamilton on the business’s progress. (Id.) On May 14, 2015, Brown formed a Nevada limited liability company called Legacy Complete. (Id. ¶ 22.) Hamilton’s trust received a 25% ownership interest in Legacy Complete and

Brown’s family trust owned the remaining 75%. (Id.) Under the new company’s operating agreement, Brown would serve as Legacy Complete’s manager and receive a $100,000 annual salary. (Id. ¶ 23.) As requested by Goldston, the operating agreement included a provision that allowed Hamilton the right to refuse additional investors. (Id. ¶ 24.) Shortly after the creation of Legacy Complete, Brown began to perceive Goldston as exercising an outsized influence over Hamilton. (Id. ¶ 27.) In particular, Brown observed that Goldston was ignoring Hamilton’s desires in favor of her own wishes and was asserting control over Hamilton’s finances and healthcare. (Id.) According to Brown, Goldston suggested that she was willing to sacrifice Hamilton’s investment in Legacy Complete if it furthered her own purposes. (Id.) Brown raised her concerns with both Goldston and Hamilton and requested that

Hamilton protect his interests by retaining an attorney to work with Goldston. (Id. ¶ 28.) Brown further asked Hamilton to agree to sell his ownership interest in Legacy Complete or convert it into a loan, which would allow Legacy Complete to raise additional capital. (Id. ¶ 29.) Hamilton agreed to work toward converting his investment into a loan. (Id.) To effectuate both of Brown’s requests, Hamilton retained Montgomery, a partner at the Firm. (Id. ¶ 30.) Right away, Montgomery and Brown had a hostile relationship, with Brown claiming that Montgomery was antagonistic and accusatory toward her. (Id. ¶ 31.) Montgomery claimed that her job was to “clean up” Brown’s mess.

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Bluebook (online)
Brown v. Montgomery, Counsel Stack Legal Research, https://law.counselstack.com/opinion/brown-v-montgomery-ilnd-2022.