Corrales v. JPMorgan Chase Bank CA5

CourtCalifornia Court of Appeal
DecidedMay 19, 2025
DocketF087428
StatusUnpublished

This text of Corrales v. JPMorgan Chase Bank CA5 (Corrales v. JPMorgan Chase Bank CA5) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Corrales v. JPMorgan Chase Bank CA5, (Cal. Ct. App. 2025).

Opinion

Filed 5/19/25 Corrales v. JPMorgan Chase Bank CA5

NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

FIFTH APPELLATE DISTRICT

DONNA CORRALES, F087428 Plaintiff and Appellant, (Super. Ct. No. BCV-21-100381) v.

JPMORGAN CHASE BANK et al., OPINION Defendants and Respondents.

APPEAL from a judgment of the Superior Court of Kern County. Thomas S. Clark, Judge. Law Office of Gilbert Zavala and Gilbert Zavala for Plaintiff and Appellant. Clark Hill LLP, Tod V. Beebe and Ronald R. St. John for Defendants and Respondents. -ooOoo- Plaintiff Donna E. Corrales (Donna) opened a joint savings account at JPMorgan Chase Bank (Chase Bank) with her nephew, Ricky Corrales (Ricky), as a joint owner. Ricky subsequently withdrew a large sum of money from the account and used it to purchase real property, which he placed in the name of himself and his wife, Stephanie Corrales (Stephanie). Donna brought this lawsuit against Ricky, Stephanie, Chase Bank, and the banker who opened the account, Shannon Russell (Russell). As against Chase Bank and Russell (collectively, Chase), Donna alleged claims for negligent misrepresentation, rescission, and cancellation of a written instrument, asserting Russell misrepresented, and Donna mistakenly believed, that the account was a payable-on-death savings account. Chase brought a motion for summary judgment, which the trial court granted. Donna appeals, contending the trial court erred in granting summary judgment because: (1) the court abused its discretion in making a blanket ruling on Chase’s evidentiary objections; (2) Chase failed to file a statement of undisputed material facts that complied with the California Rules of Court; and (3) she raised a triable issue of material fact on her claims against Chase. Finding no merit to Donna’s arguments, we affirm. FACTUAL AND PROCEDURAL BACKGROUND In November 2020, Donna opened a joint savings account at Chase Bank with her nephew, Ricky, which was titled “Donna Corrales-Thomas or Ricky Brian Corrales.” According to the personal electronic signature card (signature card), the signers on the account were “Donna Corrales” and “Ricky Brian Corrales.” The signature card acknowledged receipt of Chase Bank’s written deposit account agreement, which provided that: “This agreement takes the place of any understandings, agreements, representations, and warranties, both written and oral, made prior to or when you entered into this agreement.” This Lawsuit In February 2021, Donna filed this lawsuit against Ricky, his wife Stephanie, Chase Bank, and Chase Bank employee Shannon Russell. In a fourth amended complaint filed in April 2022, Donna alleged that she opened the savings account at a Chase Bank branch in Gardnerville, Nevada. Donna deposited into the account the proceeds of the

2. sale of property located in Gardnerville which she solely owned. Donna believed she was opening a payable-on-death savings account with a designated beneficiary commonly referred to as a “Totten Trust” or transfer-on-death savings account, and that Ricky would be given funds from the account on her death. Donna told Russell that Ricky was to be listed as a payable-on-death beneficiary, and he was not to be a joint owner of the account. In January 2021, Ricky withdrew $418,400.62 from the savings account and he and Stephanie used the money to purchase real property located in Caliente, California. Donna discovered the withdrawal on February 1, 2021, when she went to the bank to conduct a transaction. Donna alleged three causes of action against Chase:1 (1) negligent misrepresentation; (2) rescission of contract under Civil Code section 1689; and (3) cancellation of written instrument under Civil Code section 3412. These claims were based on allegations that: (1) Donna was induced to enter into the contract with Chase Bank by Russell’s negligent misrepresentation that the signature card was a payable-on- death savings account when the signature card was for a joint savings account; and (2) Donna signed the signature card based on her mistaken belief she was opening a payable-on-death savings account with Ricky as the beneficiary. Chase’s Summary Judgment Motion Chase moved for summary judgment on the grounds all claims asserted against Chase failed because the written contract may not be avoided by evidence of a unilateral mistake and allegations of negligent misrepresentation are unsupported by the evidence and do not satisfy the fraud exception to the parol evidence rule. Chase submitted a separate statement of material facts which contained seven undisputed material facts,

1 The fourth amended complaint included a cause of action for negligence, but Donna dismissed that claim in June 2022.

3. supported by the declarations of Russell and bank employee, Laura L. Deck, as well as by excerpts of Donna’s deposition. Russell, the banker who opened the joint savings account, declared that Donna and Ricky came to her to open a joint account. Russell explained a joint account to them, following her standard script for joint accounts, including telling them that in a joint account either person can access the account funds. Russell recalled that Donna said Ricky was “her only family and she trusts him.” Russell did not perceive that Ricky was exerting any sort of pressure on Donna. Russell opened the joint account as requested. Donna testified in her deposition that she had never heard of a financial arrangement called a Totten trust and she could not explain what it was. Donna testified she asked the banker if she could open an account with her nephew as beneficiary, so if anything happened to her, he would inherit what she had. The banker responded that they had to put $300 down, which Donna did. The banker got everything ready and set it up. Donna did not recall anything else the banker said. Donna read and reviewed the papers the banker prepared, but she did not recall telling the banker that there was anything wrong with them. When she looked at the papers, which stated the type of ownership was joint, did not refer to a beneficiary, and did not say anything about death or someone passing, Donna did not recall if she said anything or if she failed to notice those things. She also did not recall saying anything about the document stating that the account title was “Donna Corrales-Thomas or Ricky Brian Corrales.” Chase argued: (1) the signature card and deposit agreement superseded any oral or written prior understandings, agreements, representations or warranties; (2) the remedy for a unilateral mistake is rescission, rather than reformation, which is available only if, among other things, the other party can be placed in the status quo, which was not possible as Chase completed transactions on the account that could not be unwound; (3) Donna could not prove that Russell misrepresented the account as Donna denied

4. remembering any conversation like that alleged in the fourth amended complaint; and (4) a negligent misrepresentation case could not be made as Russell did not make any material misrepresentation and Donna could not claim reasonable reliance. Donna’s Opposition In opposition, Donna argued that Chase had not conclusively negated any of the requisite elements for negligent misrepresentation, cancellation of written instrument, or rescission.

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Corrales v. JPMorgan Chase Bank CA5, Counsel Stack Legal Research, https://law.counselstack.com/opinion/corrales-v-jpmorgan-chase-bank-ca5-calctapp-2025.